Strong results from Avaldsnes appraisal

Lundin Norway has completed a side track of its first appraisal well (16/3-4) on the Avaldsnes oil discovery in the Norwegian North Sea.

Offshore staff

STOCKHOLM, Sweden – Lundin Norway has completed a side track of its first appraisal well (16/3-4) on the Avaldsnes oil discovery in the Norwegian North Sea.

The sidetrack, in license PL 501, demonstrated good lateral reservoir continuity, with a proven oil column of more than 4 m (13 ft), and also confirmed high-quality reservoir sands.

According to the Norwegian Petroleum Directorate, the production rate was 900 cu m/d of (5,661 b/d) oil through a 60/64-in. nozzle opening. The test also showed good flow properties.

Semisub Bredford Dolphin drilled the 16/3-4A sidetrack in 116 m (380 ft) water depth, 6 km (3.7 mi) southeast of the discovery well, and 30 km (18.6 mi) east of Lundin’s Luno field. It will next drill a second appraisal well, 16/2-7, on the Avaldsnes structure.

Ashley Heppenstall, president and CEO of Lundin Petroleum, said: “The results of the first Avalsdnes appraisal well and subsequent sidetrack are very positive having proven the lateral continuity of the Upper Jurassic Draupne reservoir with high porosity and permeability.

“Whilst the reservoir thickness across the Avalsdnes structure will be variable we now have a higher degree of confidence that the part of the structure previously assumed to be non hydrocarbon-bearing will in fact be covered by Upper Jurassic hydrocarbon-bearing reservoir.”

07/18/2011

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