Lundin Spins Drill Bit at PL519 Offshore Norway

Lundin Spins Drill Bit at PL519, Offshore Norway
Swedish operator, Lundin Petroleum, has started drilling operations at exploration well 6201/11-3 in PL519 in Norway’s part of the North Sea.

The well will target the Albert prospect, which is situated 65 km northwest of the Snorre Field in the northern North Sea.

The main objective of well 6201/11-3 is to test Cretaceous and Triassic age sandstones of a multiple target structure. Lundin Petroleum estimates the Albert prospect to contain unrisked, gross, prospective resources of 177 million barrels of oil equivalent (MMboe).

The planned total depth is 3,150 meters below mean sea level and the well will be drilled using the semi-submersible drilling rig Bredford Dolphin for which the company received PSA’s consent in February.

Bredford Dolphin is a third generation, type Aker H-3, semi-submersible drilling facility. The facility was commissioned in 1976. The rig is owned by Fred Olsen ASA and operated by Fred Olsen’s subsidiary Dolphin AS (Dolphin). Drilling is expected to take approximately two months.

Lundin Petroleum is the operator of PL519 with 40 percent interest. Partners are Bayerngas Norge AS, Norwegian Energy Company ASA and Spring Energy Norway AS with 20 percent interest each.

Offshore Energy Today Staff, May 9, 2012