offshore

Lundin Norway has completed drilling of appraisal well 16/2-21, located in PL501, at the Johan Sverdrup discovery in the North Sea.

Located 3.8km north of well 16/5-2S and 2.5km west of well 16/2-7, the newly drilled well encountered a net oil column of 12 metres in a gross Jurassic reservoir sequence of 30 metres.

Lundin, a wholly-owned subsidiary of Lundin Petroleum, said the Jurassic sequence holds good reservoir quality with a high net to gross ratio, while the oil water contact was found at 1,922 metres below mean sea level.

The company used the semi-submersible drilling rig Bredford Dolphin to drill the well to a total depth of 2,045 metres below mean sea level and will now plug and abandon the well.

Lundin will now deploy the rig to drill well 16/3-6, which is also located in PL501 field, to appraise the north-eastern flank of the discovery.

Lundin Petroleum president and CEO, Ashley Heppenstall, said the latest appraisal well at the Johan Svedrup discovery will provide key data point and will be included in the latest reservoir model, which will be used to update resource estimates by the end of 2013.

"Lundin, a wholly-owned subsidiary of Lundin Petroleum, said the Jurassic sequence holds good reservoir quality."

"The well again encountered Volgian reservoir of excellent quality and high net to gross above the oil water contact. The top reservoir was encountered within our range of pre drill estimates," Heppenstall added.

With 40% interest, Lundin Norway is the operator in PL501, while the other partners Statoil Petroleum and Maersk Oil Norway hold 40% and 20% interest respectively.

In May 2012, Lundin Petroleum announced that it had completed sidetrack drilling at its 16/2-11 appraisal well at the Johan Sverdrup field in the Norwegian Continental Shelf (NCS).


Image: Johan Sverdrup field includes the Avaldsnes and Aldous discoveries located in the Norwegian North Sea.

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