Lundin permitted to drill well 16/4-10

The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway a drilling permit for well 16/4-10.

Well 16/4-10 will be drilled from the Island Innovator drilling facility in position 58°35’03.08’’ north 02°10’21.95’’ east.

The drilling program for well 16/4-10 relates to drilling of a wildcat well in production license  544 (PL 544). Lundin is the operator with 40% ownership interest. The other licensees are Bayerngas Norge (30%) and Lime Petroleum Norway (30%).

The area in this license consists of part of block 16/4. The well will be drilled southwest of the 16/4-6 S oil discovery (Luno II) in the central part of the North Sea.

PL 544 was awarded on 19 February 2010 (APA 2009). This is the second exploration well to be drilled within the license area.

The permit is contingent upon the operator securing all other permits and consents required by other authorities prior to commencing drilling activities.

Image: PL 544 well 16/4-10 /Norwegian Petroleum Directorate