Lundin plugs disappointing Sverdrup appraisal

OE Staff
Monday, October 14, 2013

Lundin Petroleum AB (Lundin Petroleum), through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), announced the completion of wildcat well 6608/2-1S. The well was drilled in PL330 about 60km east-southeast of the Aasta Hansteen gas field in the Norwegian Sea.

Exploration well 6608/2-1S was targeting the Sverdrup prospect. The well confirmed the existence of an active petroleum system but did not encounter reservoir rocks. The well is being plugged and abandoned as a dry hole. The well is the first exploration well in PL330.

“Despite the results of this well we still believe the Utgard High has interesting exploration potential. We will review the results before determining our forward program," Alex Schneiter, chief operating officer of Lundin Petroleum said.

The well was drilled to a vertical depth of 5574m below the sea surface, and was terminated in rocks of Lower Cretaceous age. The well was drilled with the rig Transocean Winner.

Lundin Norway AS is a partner in PL330 with 30% working interest. The operator is RWE Dea Norge AS with 40% interest while Marathon Oil Norge AS has 30% working interest.

Categories: Drilling Norway Europe Completions

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