Gulf Oil and Gas accountACCOUNT

Lundin Completes Exploration Well on the Pointer and Setter Prospects

Source: www.gulfoilandgas.com 2/25/2019, Location: Europe

Lundin Petroleum has announced that its wholly owned subsidiary Lundin Norway has completed the drilling of exploration well 7121/1-2 S, targeting the Pointer and Setter prospects in PL767 in the southern Barents Sea. Oil shows were encountered at various intervals in the Pointer prospect but the well is classified as dry.

The main objective of the well, located 20 km north of the Sn?hvit gas field, was to test the two distinct lower Cretaceous sandstone targets, the shallower Setter prospect and the deeper Pointer prospect.

Water wet sands with a total thickness of 40 metres with moderate reservoir properties were encountered in the Setter prospect. In the Pointer prospect, about 130 metres of sand with oil shows was found, however the reservoir was evaluated to be tight and of low quality across the entire interval. The well was not formation-tested, but extensive data acquisition and sampling have been carried out. The well has been permanently plugged and abandoned.

Oil samples have been collected and alongside other data from the well, will be analysed in order to mature remaining leads and prospects in PL767 and adjacent parts of the Hammerfest Basin.

Lundin Norway is the operator of PL767 with a 50 percent working interest. The partners are INPEX with 40 percent and DNO with 10 percent.

The well was drilled with the semi-submersible drilling rig, Leiv Eiriksson, which after completion of plugging and abandoning operations will proceed to drill exploration well 16/1-31 S. This is a dual branch well targeting both the Jorvik and Tellus East prospects on the eastern side of the Edvard Grieg field in PL338. Lundin Norway is the operator of PL338 with a 65 percent working interest. The partners are OMV with 20 percent and Wintershall with 15 percent.



Exploration News in Norway >>

Algeria >>  7/1/2020 - The Minister of Energy, Abdelmadjid Attar, Sonatrach's CEO, Toufik Hakkar, and Eni's CEO, Claudio Descalzi, met in Algiers to discuss the progress of ...
Norway >>  7/1/2020 - Norway's Ministry of Petroleum and Energy proposes to announce nine areas in the 25th licensing round, divided into eight areas in the Barents Sea and...

Peru >>  6/29/2020 - Baron Oil Plc (BOIL), the AIM-quoted oil and gas exploration and production company focused on opportunities in SE Asia, Latin America and the UK, wil...
Russia >>  6/29/2020 - LUKOIL, Gazprom Neft and Tatneft have closed a deal to set up a joint venture to explore and produce hard-to-recover hydrocarbons in the Orenburg Regi...

Tanzania >>  6/29/2020 - Solo, the AIM investing company targeting attractive production and development opportunities within the European gas market, provides the following s...
United Kingdom >>  6/29/2020 - UK Oil & Gas PLC notes that Surrey County Council ("SCC") has today refused consent for the Company's Loxley-1 appraisal project. The company is care...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Norway Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 |

More News

Related Links

Gulf Oil and Gas
Copyright 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.