Lundin Petroleum subsidiary Lundin Norway has commenced the drilling of the 26/10-1 exploration well in the Zulu prospect of the North Sea.
The well will assess the hydrocarbon potential of the Zulu prospect in PL674BS, which is located 100km west of Stavanger on the Norwegian west coast, approximately 30km north-east of the Johan Sverdrup discovery.
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The exploration well will test the reservoir properties and hydrocarbon potential of the Miocene age sandstones of the Utsira Formation in the Patch Bank Ridge.
The Island Innovator semi-submersible drilling unit will be used to drill the well to a total planned depth of 1,020m below mean sea level.
Lundin Norway operates the licence with a 35% operating stake in PL674BS. Petrolia Norway and E.ON E&P Norge hold 35% and 30% working interests, respectively.
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Lundin Petroleum has proven and probable reserves of 187.5 million barrels of oil equivalent (MMboe).
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By GlobalDataThe company secured eight exploration licence interests in the 2014 Norwegian Licensing Round.
Awarded licences include six North Sea licences, one Norwegian Sea licence and one Barents Sea licence.
Lundin Petroleum’s exploration and production assets focus on two core areas, Norway and South East Asia, and has additional assets in France, the Netherlands and Russia.
Image: The 26/10-1 exploration well will be drilled to a total planned depth of 1,020m below mean sea level. Photo: courtesy of suwatpo/FreeDigitalPhotos.net.
