Barents Sea exploration success for Lundin

Sweden's Lundin has made a ca. 25-60 MMboe oil and gas discovery on the Loppa High, 20km east of the Johan Castberg discovery in the Norwegian Barents Sea. 

The well, 7220/6-2 R, was drilled on the Neiden prospect in production license 609, and is a deepening of well 7220/6-2, which was temporarily plugged and abandoned in November 2015. 

The well, drilled in 387m water depth by the Leiv Eiriksson semisubmersible drilling rig, is 60km northeast of Lundin's Alta discovery and on a trend with the Børselv prospect, which Lundin is looking to drill in 2017. 

The  Leiv Eiriksson will now move on to drill Lundin's Filicudi prospect, in production license 609, also in the Barents Sea. 

"The Filicudi prospect is expected to contain Jurassic sandstone reservoir analogous to the Johan Castberg discovery," says Lundin. Filicudi is estimated to contain 258 MMboe gross unrisked prospective resources.

According to the Norwegian Petroleum Directorate, the Neiden well encountered a 20m total oil column with a 10m overlying gas column in carbonate rocks in the Ørn formation, with good to moderate reservoir properties. In the Snadd formation, the well encountered aquiferous sandstone with moderate to good reservoir properties.

The Neiden well was the sixth exploration well in production license 533. The license was awarded in the 21st licensing round in 2011.

Lundin said: "The well demonstrates high quality karstified carbonate reservoir which reduces the risk of the Børselv prospect, 15km north and up dip from the Neiden discovery in PL609," says Lundin.

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