Lundin makes oil discovery targeting Goddo prospect

Lundin Petroleum said its oil discovery at exploration well 16/5-8s, targeting the Goddo prospect in PL815 some 14 km south of Edvard Grieg field in the Norwegian North Sea, is promising but does not appear connected to the Rolvsnes discovery reservoir.

Lundin Petroleum AB said its oil discovery at exploration well 16/5-8s, targeting the Goddo prospect in PL815 some 14 km south of Edvard Grieg field in the Norwegian North Sea, is promising but does not appear connected to the Rolvsnes discovery reservoir.

Exploration well 16/5-8a encountered weathered and fractured basement having an estimated gross oil column of 20 m. Extensive coring and data acquisition showed the Goddo reservoir displays similar characteristics as Rolvsnes, but Lundin concluded the two discoveries are not connected.

Preliminary gross resources from Well 16/5-8a are estimated at 1-10 million boe, however there is clear upside potential in the larger Goddo area and surrounding prospective basement (OGJ Online, June 20, 2019.)

Lundin’s appraisal and commercialization strategy for the Utsira High basement play will be based on production from a Rolvsnes extended well test. Rolvsner production is scheduled in mid-2021.

In evaluating Utsira High, Lundin executives also will evaluate information from Goddo.

Meanwhile, the Tellus East discovery has similar reservoir characteristics to Rolvsnes and Goddo discoveries. Tellus East will be developed in a future Edvard Grieg field infill program.

Lundin Norway operates PL815 with 60% interest. Partners are Concedo and Petoro with 20% interest each.

The well at Goddo was drilled using Transocean Ltd.’s Leiv Eiriksson harsh-environment semisubmersible drilling rig. ConocoPhillips Skandinavia plans to use the Leiv Eiriksson rig for a three-well exploration campaign north of Utsira High. Lundin Petroleum has 20% interest in two of the wells: Enniberg and Hasselbaink, both on PL917 and scheduled to be spudded in the fourth quarter.

Contact Paula Dittrick at pdittrick@endeavorb2b.com.

More in Discoveries