Lundin Petroleum AB subsidiary Lundin Norway AS completed its development drilling program in Edvard Grieg field on the Utsira High in the Norwegian North Sea. Edvard Grieg came on stream in late 2015 (OGJ Online, Nov. 30, 2015).
The drilling program on production license 338 involved 14 development wells drilled by the Rowan Viking jack up drilling rig. Edvard Grieg field was developed with a steel jacket platform resting on the seabed.
Lundin Petroleum Chief Executive Officer Alex Schneiter said the company expected gross ultimate recovery to rise to more than 300 million boe. He believes tie-back opportunities in the area have the potential to double the volumes produced through Edvard Grieg.
Overall reservoir results from the development drilling exceeded expectations. Positive initial results have led to a 47% increase of the best estimate gross ultimate recovery for the field. In addition, further contingent resources were identified associated with infill drilling opportunities.
Lundin Petroleum said the reserves upgrade has led to the field production plateau being extended by 2 years from earlier plans. Executive now expect it to end sometime in 2019. An infill development drilling program is being planned for 2020, which has the potential to further extend the production plateau.
A 4D seismic survey is being acquired over the field in 2018 to refine the infill well targets.
Lundin Norway operates PL338 with a 65% working interest. Partners are OMV Norge AS 20% and Wintershall Norge AS 15%.