Lundin Norway has secured approval from the Petroleum Safety Authority Norway to commence exploration drilling of well 16/1-24, located in the Gemini prospect of the North Sea.
The company operates production licence PL 338 in block 16/1 of the central North Sea.
Drilling is due to begin this month and will last for approximately six weeks if no discovery is made.
Lundin Norway will also drill a sidetrack if there is discovery success and the well will be production-tested.
The Island Innovator mobile drilling facility will be used for well-drilling at the site, which has a water depth of 135m.
Lundin Norway, which is a subsidiary of Lundin Petroleum, currently has around 60 licences, half of which are operatorships.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataThe company intends to explore, develop and produce hydrocarbons, primarily focused on oil, on the Norwegian Continental Shelf, in collaboration with licence partners and authorities.
Lundin Norway is operating and developing the Brynhild and Edvard Grieg fields and evaluating and maturing its major oil discovery, Johan Sverdrup.
The Brynhild field, which recently started production, was developed as a subsea tie-back to the Pierce field in the UK sector of the North Sea.
The Edvard Grieg field will be developed with a steel platform resting on the seabed, with production start-up expected later this year.