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Lundin Petroleum AB announces Jorvik exploration well completed

Lundin Petroleum AB, has, through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), completed the drilling of exploration well 16/1-17 in PL338. The well targeted the Jorvik prospect located in a separate basin directly east of the Edvard Grieg field.

The main objective of well 16/1-17 was to prove the presence of oil-bearing sandstones and conglomerates in a basin fill sequence. Based on sampling, mobile oil is proven in tight reservoir, consisting of conglomeratic and pebbly sandstones.

The well was drilled into basement and water pressure indicates a pressure regime close to the Edvard Grieg field and the Luno South discovery. Extensive data acquisition and sampling have been carried out in the well. The whole reservoir sequence including basement has been cored.

The semi-submersible drilling rig Transocean Winner drilled the well to a total depth of 2,044 metres below mean sea level, in a water depth of 110 metres.

Lundin Norway is the operator and has a 50 percent working interest in PL338. Partners are Wintershall Norge AS with 30 percent and OMV (Norge) AS with 20 percent interest.

Source: Lundin Petroleum AB

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