Lundin spins drill bit on Fosen prospect (Norway)
- Exploration & Production
Lundin Petroleum’s Norwegian subsidiary, Lundin Norway, has started drilling the exploration well 16/4-10 on the Fosen prospect, offshore Norway.
The well is located approximately 27 km south of the Edvard Grieg field and 11 km south of the Luno II discovery on the Utsira High on the Norwegian Continental Shelf (NCS).
Well 16/4-10 will explore the Fosen prospect which is located on the southern flank of the Utsira High, west of the South Viking Graben in the North Sea. Lundin says that the main objective of the well is to test the hydrocarbon potential and reservoir properties at Jurassic sandstones level. The Fosen prospect is estimated to contain gross unrisked prospective resources of 192 MMboe, the company stated.
The planned total depth for the well is approximately 2,500 metres. The well will be drilled with the semi-submersible drilling rig Island Innovator and is expected to take approximately 50 days, said the company.
Lundin Norway is the operator of PL544 with a 40 percent working interest. Partners are Lime Petroleum Norway AS with a 30 percent working interest, and Bayerngas Norge with a 30 percent working interest.