Latest Sverdrup appraisal well pleases Lundin group

Lundin Petroleum AB, Stockholm, said its 16/2-21 appraisal well in the North Sea offshore Norway provided another important data point for the Johan Sverdrup discovery and that it is moving the Bredford Dolphin semisubmersible to drill the 16/3-6 well to appraise Sverdrup’s northeastern flank.

Both the 16/2-21 and 16/3-6 wellsites are in PL501.

The 16/2-21 well found a 12-m net oil column in a 30-m gross Jurassic reservoir sequence that has excellent reservoir quality with a high net-to-gross ratio. The wellsite is 3.8 km north of the 16/5-2S well and 2.5 km west of the 16/2-7 well. The oil-water contact was established at 1,922 m below mean sea level. Total depth is 2,045 m.

Ashley Heppenstall, president and chief executive officer of Lundin Petroleum, said, “The well again encountered Volgian reservoir of excellent quality and high net to gross above the oil-water contact. The top reservoir was encountered within our range of predrill estimates.”

Lundin Norway AS is operator of PL501 with 40% interest. Statoil Petroleum AS has 40%, and Maersk Oil Norway AS has 20%.

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