Lundin spuds Kopervik in Norwegian North Sea

Lundin Petroleum’s subsidiary Lundin Norway has announced that drilling of exploration well 25/10-12S in PL625, in the Norwegian North Sea, has started.

The well will investigate the hydrocarbon potential of the Kopervik Prospect in PL625, located 175 km west of Haugesund on the Norwegian west coast and approximately 20 km northwest of the Johan Sverdrup discovery.

The main objective of well 25/10-12S is to test the reservoir properties and hydrocarbon potential of the Upper and Middle Jurassic Sandstones in the Kopervik sub-basin. Lundin Petroleum estimates the Kopervik prospect to have the potential to contain unrisked, gross prospective resources of 163 million barrels of oil equivalent (MMboe).

The planned total depth is 2,570 metres below mean sea level and the well will be drilled using the semi-submersible drilling unit Island Innovator. Drilling is expected to take approximately 60 days.

Lundin Norway is the operator and has a 40 percent working interest in PL625. Bayerngas Norge, Maersk Oil Norge AS and Petoro AS are partners, each with 20 percent working interest.

Press Release

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