Lundin lifts reserves at Edvard Grieg offshore Norway

Two water injection wells drilled last year proved additional oil reserves on the western flank of the Edvard Grieg field in the Norwegian North Sea, according to operator Lundin Petroleum.

Offshore staff

STOCKHOLM, Sweden – Two water injection wells drilled last year proved additional oil reserves on the western flank of the Edvard Grieg field in the Norwegian North Sea, according to operator Lundin Petroleum.

The company now estimates ultimate recoverable reserves at 223 MMboe, 20% higher than the figure in the development plan. A further appraisal well due to spud in the current quarter in the southwestern part of the field will target an additional 30 MMboe.

Currently the fifth of 14 planned development wells is in progress, with the program set to continue into next year.

At theBrynhild field close to the offshore median line with the UK, production has been lower than forecast due to the water injection system being out of service since last August. However, it should begin operating again shortly following repairs to a pump.

The Aker BP-operatedIvar Aasen field is currently ramping-up production from three wells, exported to the Edvard Grieg platform.

This year Lundin plans to drill five exploration wellsoffshore Norway, with the Filicudi well in the Barents Sea license PL533 under way. It will be followed by two further wells in the region, one on the Børselv prospect, north and on-trend of the company’s Alta and Neiden discoveries, and another on shallower horizons within the potential multi-billion barrel Korpfjell prospect in the eastern Barents Sea.

Lundin will participate in other wells west of the Volund field and on a potential northern extension of theJohan Sverdrup field, both in the North Sea.

In the Dutch offshore sector, the recently completed K5-F3 development well is in production, the company adds, while drilling continues on the F3-B106 side track. Elsewhere, compression has started on the E17a platform, and the A6 development well will likely be drilled this year on the E17a-A field.

02/01/2017

More in Regional Reports