Lundin Petroleum has announced that a second appraisal well has confirmed the extension of the Avaldsnes field.
Appraisal well 16 / 2-7 was drilled up to 2,500m in water depths of 113m and has encountered a 35m oil column in Upper Jurassic age sandstone.
Lundin will now sidetrack the well for more information, which will be completed this month.
The well was drilled using the semi-submersible drilling rig Bredford Dolphin.
Lundin President and CEO Ashley Heppenstall said that following the sidetrack, the company would incorporate the results of the two-well appraisal programme and Statoil’s Aldous Major South well in PL265 into its geotechnical models.
“It is likely that a third appraisal well will be drilled on Avaldsnes during the fourth quarter of 2011,” he added.
Production licence 501 is owned by operator Lundin Norway, which has a 40% interest, Statoil Petroleum with 40% and Maersk Oil Norway with 20%.