Lundin Norway Completes Tellus Prospect

7 April 2011 (Last Updated April 7th, 2011 18:30)

Lundin Norway, operator of production licence 338, has completed well 16 / 1-15 as an oil discovery on the Tellus prospect. Lundin holds a 50% interest in PL 388, along with Wintershall Norge and RWE Dea Norge. The Tellus discovery was proven in a 50m column, including a 3m-t

Lundin Norway, operator of production licence 338, has completed well 16 / 1-15 as an oil discovery on the Tellus prospect.

Lundin holds a 50% interest in PL 388, along with Wintershall Norge and RWE Dea Norge.

The Tellus discovery was proven in a 50m column, including a 3m-thick lower Cretaceous sandstone, and the oil is similar to the type found in Luno.

Of the two reservoirs tests, the first test perforated a fractured basement interval and produced 650bopd through a 40 / 64in choke, while the second test produced 3,900bopd through a 40 / 64in choke.

The second test demonstrated good flow properties and good pressure support.

The Tellus discovery will be evaluated to ensure it is included in the Luno development programme.

Lundin Petroleum president and CEO Ashley Heppenstall said the location of the Tellus discovery to the Luno field will allow the company to fast track the development of Tellus by including it into the Luno development plan.

“The basement discovery has the potential to open further prospects in the Greater Luno area and provides us with excellent data in relation to the earlier Luno South basement discovery,” added Heppenstall.