Lundin completes North Sea well
OSLO, August 26, 2015 – The Norwegian subsidiary of Swedish oil and gas operator Lundin Petroleum has announced completion of its 6/1-23 S appraisal well in the Edvard Grieg oilfield, located in the North Sea.
The exploratory well, the seventh in the field and 10th in the block, was drilled to a measured depth of more than 2,130 metres and encountered a net oil pay of 67 metres. The company will permanently plug and abandon the well, which was drilled by the jack-up rig Rowan Viking.
Lundin had previously pegged the field’s recoverable reserves to be more than 187 million barrels of oil, but now estimates an increase of about 6.29 million to 50.3 million barrels.
Discovered in 2007, the Edvard Grieg field is located in Norway’s licence 338. Lundin Norway operates the block with a 50-percent interest, alongside its partners, which include the local subsidiary of Austria’s OMV Group (20 percent), Norway’s Statoil (15 percent) and the local subsidiary of Germany’s Wintershall (15 percent).
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