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Lundin Completes Drilling of Well 33/12-10 S

Source: www.gulfoilandgas.com 10/17/2014, Location: Europe

Lundin Petroleum AB, through its wholly owned subsidiary Lundin Norway AS, has completed the drilling of wildcat well 33/12-10 S. The well investigated the hydrocarbon potential of the Vollgrav South prospect in PL631, which is located 150 km west of Flor? on the Norwegian west coast and between the Gullfaks and Statfjord fields.

The main objective of well 33/12-10 S was to test the reservoir properties and hydrocarbon potential of the Upper Jurassic Sandstones equivalent to the reservoir in the Borg Field.

The well encountered no hydrocarbons and is being plugged and abandoned as a dry hole.

The license was awarded in APA 2011 and the well is the first exploration well in PL631.

The well was drilled to total depth of 3,072 metres below mean sea level using the drilling rig Bredford Dolphin.

Lundin Norway is the operator and has a 60 percent working interest in PL631. The partners are Bayerngas Norge with a 30 percent working interest and Fortis Petroleum Norway with a 10 percent working interest.

The drilling rig will permanently plug and abandon the well and continue to the Lundin Norway operated PL584 in the Norwegian Sea to drill the Lindarormen prospect.

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