Norway: Lundin spuds Barents Skalle prospect

May 16, 2011
Lundin Petroleum AB has spud the 7120/2-3 exploratory well on the Skalle prospect in PL438 north of Snohvit field in the Barents Sea off Norway.

By OGJ editors
HOUSTON, May 16
-- Lundin Petroleum AB has spud the 7120/2-3 exploratory well on the Skalle prospect in PL438 north of Snohvit field in the Barents Sea off Norway.

The main objective of the well is to test Cretaceous and Jurassic-Triassic age sandstones of a multiple target structure. Lundin Petroleum estimates the Skalle prospect could contain unrisked gross prospective resources of 250 million bbl of oil equivalent.

The Transocean Leader semisubmersible is to drill the well to a planned total depth of 2,650 m below mean seal level in about 60 days.

Lundin Petroleum is operator of PL438 with 25% interest. RWE Dea Norge AS and Petoro AS have 20% each, Spring Energy has 17.5%, and Talisman Energy Norge has 17.5%.