Lundin Norway has discovered oil in the Rolvsnes prospect in offshore Norway.

The Rolvsnes exploration well is located in PL338C licence south of the Lundin Petroleum-operated Edvard Grieg field in the central North Sea.

The well is located on the south-western flank of the Utsira High, 6km south of the Edvard Grieg and 3km south of the Edvard Grieg South discovery.

Following drilling, the well encountered a gross oil column of 30m in porous granitic basement.

"The well encountered a gross oil column of 30m in porous granitic basement."

Lundin carried out extensive data acquisition and sampling in the reservoir and also performed a production test (DST), which achieved a production rate of 265 barrels of oil per day through a 36/64" choke.

Furthermore, the company plans potential drilling of an extended reach well from the Edvard Grieg platform with an associated long-term production test.

Lundin estimated the gross contingent resource range for Rolvsnes to be between three million and 16 million barrels of oil equivalents (MMboe).

The second exploration well 16/1-25 S has been drilled in PL 338C to a total depth of 2,096m below mean sea level in a water depth of 106m.

Semi-submersible drilling rig Bredford Dolphin has been used to drill the well, which will be permanently plugged and abandoned.

Lundin Norway operates PL338C with 50% working interest and the remaining partners are Lime Petroleum Norway (30) OMV (20%).

Lundin Petroleum started oil production from the Edvard Grieg field in November 2015. The field was discovered in 2007 and is part of PL338 licence.