Thursday, August 13, 2015

Lundin strikes oil on Luno II North prospect

Lundin Petroleum Abdominal muscle, through its completely claimed backup Lundin Norway AS, has found a gross 23-m oil section with its 16/4-9 S investigation well on the Luno II North prospect. The well is in a different sub-bowl northwest of the Luno II revelation in PL359 in the focal North Ocean division of the Norwegian mainland rack (OGJ On the web, May 6, 2013).

The well is on the southwestern flank of the Utsira High 15 km south of the Lundin Petroleum worked Edvard Grieg field and 4 km northwest of the Luno II 16/4-6 S revelation well.

The all around experienced quality Jurassic-Triassic conglomeratic sandstones with weight information showing that the petroleum framework in the Luno II North disclosure is unique in relation to that found in the Luno II revelation. The administrator reported that the 16/4-9 S created 1,000 bo/d through a 32/64-in. gag amid tests. The administrator took after with broad information procurement and inspecting, including customary coring and liquid testing.

The 16/4-9 S examination well is the fourth penetrated in PL359 since 2006. It was penetrated to an aggregate profundity of 2,305 m in 100 m of water by the Bredford Dolphin semisubmersible apparatus.

The gross unexpected asset range for the Luno II North revelation, speaking to the southern piece of the prospect, is assessed at 12-26 million boe. Financial suitability examination is progressing, then again, and the administrator has proposed in its latest press discharge that Luno II and Luno II North may be connected to Edvard Grieg field by means of subsea tieback. The Luno II disclosure is assessed to contain a gross unforeseen asset scope of 27-71 million boe.

Lundin Norway AS is administrator of PL359 with half living up to expectations interest. Accomplices are OMV (Norge) AS 20%, Statoil Petroleum ASA 15%, and Wintershall Norge AS 15%.

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good article
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