Lundin Petroleum AB commenced drilling of exploration well 7120/1-3 in PL492 in the Barents Sea. The well will target the Gohta prospect, which is located 150km northwest of the Norwegian coast, approximately 185km northwest of Hammerfest, and 65km south of the Johan Castberg discovery.
The Swedish independent said that the main objective is to prove the presence of hydrocarbons in Permian and Triassic reservoirs. The Gohta prospect is thought to contain unrisked, gross prospective resources of 108MMboe in the Gohta Snadd prospect and 118MMboe in the Gohta Karst prospect.
The well will be drilled to a planned total depth of 2429m below mean sea level by the drilling rig Transocean Arctic. The program is expected to take approximately 65 days.
Lundin Petroleum's Norwegian subsidiary Lundin Norway holds 40% working interest in PL492. Its partners include Det norske oljeselskap ASA (40%) and Noreco Norway AS (20%).
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