Lundin Petroleum has completed drilling of the appraisal well 16/4- 8 S in the Luno II discovery, offshore Norway.

The well was drilled 4km south-east of the Luno II discovery well to a total depth of 2,700m below mean sea level in 100m of water, encountering 500m of Jurassic-Triassic sandstone.

The drilling identified 30 metres of gross oil pay and Lundin said reservoir properties were lower than expected in this part of the structure.

"The well, which was drilled using Dolphin Drilling’s Bredford Dolphin semi-submersible drilling rig, will be permanently plugged and abandoned."

One production test was also carried out in the oil zone, producing at a rate of 450 barrels per day.

The well, which was drilled using Dolphin Drilling’s Bredford Dolphin semi-submersible drilling rig, will be permanently plugged and abandoned.

The rig will now be used to drill exploration well 33/12-10 S, targeting the Vollgrav South prospect in PL631, which is operated by Lundin Norway.

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Located about 15km south of the Edvard Grieg field in the North Sea sector of the Norwegian Continental Shelf (NCS), the Luno II discovery is now estimated to hold between 27 million and 71 million barrels of oil equivalents.

The Luno II discovery is located entirely in production licence PL359 and 16/4- 8 S is the third well in the licence.

Lundin holds a 50% interest in PL359, while Austria’s OMV has 20% and Statoil Petroleum and Wintershall Norge each have 15% stakes.

Swedish independent oil and gas exploration and production firm Lundin Petroleum holds a portfolio of assets primarily located in Europe and South East Asia.

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