An Offshore Exploration Well has been Completed in Norway

Source: www.gulfoilandgas.com 1/6/2015, Location: Europe

Lundin Petroleum AB (Lundin Petroleum), through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), has completed the drilling of wildcat well 25/10-12S. The well investigated the hydrocarbon potential of the Kopervik prospect in PL625, which is 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 was to test the reservoir properties and hydrocarbon potential of the Upper and Middle Jurassic Sandstones in the Kopervik sub-basin.

The well encountered Hugin Fm sandstones with very good reservoir quality and poorer developed sands in the Draupne Fm. The upper part of the Upper Jurassic was cored and the entire pre-Cretaceous sequence pressure sampled. Oil shows were observed in cores. The well is being plugged and abandoned as a dry hole.

The well was drilled by the drilling rig Island Innovator to a total depth of 2,540 metres below mean sea level and was terminated in sediments of Triassic age. After completion the drilling rig will continue to the Lundin Norway operated PL674BS to drill the Zulu prospect.

The license was awarded in APA 2011 and the well was the first exploration well in PL625.

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


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