Lundin Cleared for Drilling in PL 501 (Norway)

The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway AS a drilling permit for well 16/2-21, in the Norwegian part of the North Sea.

The will be drilled from the Bredford Dolphin drilling rig at position 58°46’40.81’’ north and 02°36’38.77’’ east in production licence 501 after completing the drilling of wildcat well 16/4-6 S for Lundin Norway AS in production licence 359.

The drilling programme for well 16/2-21 relates to drilling of an appraisal well in production licence 501. Lundin is the operator with an ownership interest of 40 per cent. The other licensees are Statoil Petroleum AS with 40 per cent and Maersk Oil Norway AS with 20 per cent.

The area in this licence consists of parts of blocks 16/2, 3, 5 and 6. The well will be drilled about three kilometres east of well 16/2-15 and 2.5 kilometres west of well 16/2-7 on Johan Sverdrup in the central part of the North Sea.

Production licence 501 was awarded on 23 January 2009 (APA 2008). This is the thirteenth well to be drilled within the licence area.

The permit is contingent upon the operator securing all other permits and consents required by other authorities before commencing drilling activities.