Lundin Gains Permit for Appraisal Well in Norwegian Sea

Source: www.gulfoilandgas.com 7/3/2018, Location: Europe

The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 6307/1-1 S, cf. Section 15 of the Resource Management Regulations. Well 6307/1-1 S will be drilled from the Leiv Eiriksson drilling facility, at position 63°55'15.85"N and 7°18'10.05"E after completing the drilling of appraisal well 7220/11-5 S for Lundin Norway AS in production licence 609.

The drilling programme for well 6307/1-1 S relates to the drilling of a wildcat well in production licence 830. Lundin Norway AS is the operator with an ownership interest of 40 per cent. The other licensees are VNG Norge AS (20 per cent), Petoro AS (20 per cent) and Equinor Energy AS (20 per cent).

The area in this licence consists of most of block 6307/1 and block 6307/4, as well as the south-eastern part of block 6407/10. The well will be drilled about 29 kilometres southeast of the Fenja discovery and about 39 kilometres south of the Njord field.

Production licence 830 was awarded on 5 February 2016 (APA 2015 on the Norwegian shelf). This is the first well to be drilled within the licence.

The permit is contingent upon the operator securing all other permits and consents required by other authorities prior to commencing drilling activities.


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Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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