Lundin to develop Luno field offshore Norway

Jan. 19, 2012
Lundin Norway AS has submitted plans to develop Luno oil field in the Norwegian North Sea and is continuing talks with Det Norske Oljeselskap ASA for coordinated development with nearby Draupne field (see map, OGJ, Apr. 4, 2011, p. 50).

Lundin Norway AS has submitted plans to develop Luno oil field in the Norwegian North Sea and is continuing talks with Det Norske Oljeselskap ASA for coordinated development with nearby Draupne field (see map, OGJ, Apr. 4, 2011, p. 50).

Lundin expects production to start in late 2015 and to peak at 90,000 b/d.

Its development plan calls for the drilling of 15 wells from a jack-up rig, installation of a processing platform on a steel jacket in about 110 m of water, and a new pipeline connected with the Grane oil pipeline about 35 km north for transport to the Sture terminal.

Luno proved and probable reserves are estimated at 186 million boe in Jurassic and Upper Triassic sandstones and conglomerates at 1,900-1,990 m.

The Luno platform, on production license 338, will have design capacity to handle more than 120,000 b/d in anticipation of production from Draupne field, 10 km northwest on PL001B. Lundin said proposed Draupne development would involve a platform from which partly processed oil and gas would flow to the Luno platform for stabilization and export.

Lundin has let a contract to Kvaerner ASA for engineering, procurement, and construction of the 14,500-tonne Juno platform jacket. Rowan Co. has the drilling contract.

Lundin is the Luno operator with 50% interest. Partners are Wintershall Norge ASA 30% and RWE Dea 20%.

Draupne is a 2008 discovery with oil and gas in the Middle Jurassic Sleipner and Upper Triassic Skagerrak formations at about 2,400 m.

DNO, operator with 35% interest, last month said it had signed a letter of intent with Aker Solutions for a front-end engineering and design study of Draupne development. Other interests are Statoil 50% and Bayerngas Norge 15%.

It also signed a letter of award, subject to development approval, with Maersk Drilling, to use a jack up under construction in Singapore for 3 years, extendable to 7 years, for Draupne drilling.