Lundin Completes Exploration Well on the Polmak Prospect

Source: www.gulfoilandgas.com 11/16/2020, Location: Europe

Lundin Energy AB announces that its wholly owned subsidiary Lundin Energy Norway AS (together Lundin Energy), has completed exploration well 7221/4-1, targeting the Polmak prospect in licences PL609 and PL1027, in the southern Barents Sea. The well was dry.

The main objective of the well was to prove hydrocarbons in Triassic aged sandstones within the Kobbe formation of the Polmak prospect. The well encountered indications of hydrocarbons in a 9 meter interval in poor quality reservoir in the targeted formation and the well was classified as dry.

The well was drilled 30 km east of the Johan Castberg discovery, by the West Bollsta semi-submersible drilling rig. Lundin Energy is the operator of Polmak with a 47.5 percent working interest. The partners are Wintershall DEA Norge AS with 25 percent, INPEX Norge AS with 10 percent, DNO Norge AS with 10 percent and Idemitsu Petroleum Norge AS with 7.5 percent working interests.

The West Bollsta rig will now proceed to drill the Lundin Energy operated (40 percent working interest), Bask prospect in PL533B. Well 7219/11-1 will target Paleocene aged sandstones, estimated to hold gross unrisked prospective resources of 250 MMbo. The partners are Aker BP with 35 percent and Wintershall DEA with 25 percent working interests.


Turkey >>  8/2/2021 - UK Oil & Gas PLC (UKOG) has been informed by Aladdin Middle East ("AME"), the operator of the Basur-3 ("B-3") appraisal well (UKOG 50% interest) that ...
Canada >>  7/29/2021 - i3 Energy plc (I3E) (ITE), an independent oil and gas company with assets and operations in the UK and Canada, announces the following update. ...

Russia >>  7/29/2021 - ERIELL, an international oilfield services group, presents information on production indicators for the first half of 2021, announces new records on t...
Russia >>  7/29/2021 - As part of the audit of drilling facilities at the Salmanovskoye (Utrenny) oil and gas condensate field, a joint commission of Arctic LNG 2 LLC and PA...

Suriname >>  7/29/2021 - TotalEnergies and Apache Corporation have encountered oil in the Sapakara South-1 well on Block 58 off the coast of Suriname. This announcement follow...
United States >>  7/28/2021 - Zephyr Energy plc, the Rocky Mountain oil and gas company focused on responsible resource development and carbon-neutral operations, has provided an u...




Gulf Oil and Gas
Copyright 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.