Active drilling campaign ahead for Lundin in the Barents Sea

Lundin Norway expects drilling to start this month on the potential multi-billion barrel Korpfjell prospect in license PL859 in the newly opened southeastern Norwegian Barents Sea.

Offshore staff

STOCKHOLM, SwedenLundin Norway expects drilling to start this month on the potential multi-billion barrel Korpfjell prospect in license PL859 in the newly opened southeastern Norwegian Barents Sea.

The Statoil-operated well will target one segment of the shallower horizons.

Later this year,Lundin Petroleum will also drill the Børselv prospect in PL609, on-trend and north of its Alta and Neiden discoveries in the southern Barents Sea; the Hufsa prospect in PL533, on trend with the Filicudi find; and potentially the Hurri structure in the same license toward year-end.

Hurri is along trend from Statoil’s recentKayak oil discovery in PL532. The various prospects could hold potential reserves of around 500 MMboe.

Last month, acquisition started of a large high-spec 3D seismic survey over the Alta, Gohta, and Filicudi discoveries and associated prospectivity.

In the Utsira High region of the North Sea, production from theEdvard Grieg field rose during 2Q as the fifth and sixth producer wells came onstream at their planned rates. Production capacity from the first six producers has exceeded expectations and the reservoir depletion rate continues to be more favorable than anticipated.

The seventh Grieg producer is currently drilling with a further two development wells planned over the remainder of this year. Drilling should continue into 2018.

Earlier this year, Lundin drilled the successful Edvard Grieg Southwest appraisal well 16/1-27, which added 10-30 MMboe to the field’s resource base, while the results indicate potential upside in other areas of the field.

The originally approved development drilling plan has been optimized with one production and one water injection well now planned on the southwest area of the field, to be drilled either around year-end or early in 2018.

Capacity testing of the Edvard Grieg facilities confirmed that they can deliver at rates 15% above design levels of 100,000 boe/d.

At theAker BP-operated Alvheim area, drilling has started of two infill wells on the Boa structure, both likely to start up in 2018. The first of two new Volund infill wells came onstream in July at planned production rates and the second well is scheduled to start up in mid-August.

Phase 1 of theJohan Sverdrup project is on schedule and more than 50% complete. Construction is under way on all aspects of the development at 22 sites around the world; Phase 1 costs continue to come down.

Civil engineering works have begun on the onshore power system at Haugsneset and for the oil pipeline landfall at the Mongstad terminak on Norway’s west coast.

Three pilot wells have been drilled to assist with the placement of the Phase 1 development wells with results in line or better than prognosis. Pre-drilling has started of 10 water injection wells, and drilling progress overall remains significantly ahead of schedule.

As forSverdrup Phase 2, operator Statoil has awarded front-end engineering design contracts to Aker Solutions for the processing platform, Kværner for the jacket, and Siemens for the expansion of the power from shore facilities.

08/02/2017

More in Production