Lundin starts three well campaign in southern Barents Sea
STOCKHOLM, Sweden -- Lundin Norway, a wholly owned subsidiary of Lundin Petroleum, has commenced its 2016 exploration and appraisal campaign in the Loppa High area in the southern Barents Sea. The campaign will be carried out by the Leiv Eiriksson semisubmersible.
The campaign, which will consist of three wells, will start with re-entry of the Alta-3 appraisal well, well 7220/11-3A, in PL609, which was successfully drilled last year on the eastern flank of the Alta discovery. The objective of the Alta-3 re-entry is to deepen the well to further assess the quality of the Permian carbonate reservoir section as well as to conduct a production test. The original Alta-3 well encountered a gross hydrocarbon column of 120 m, and all three Alta wells drilled to date have proven pressure communication. The Alta discovery is estimated to contain gross contingent resources of between 125 and 400 MMboe.
Following completion of the Alta-3 well, the rig will move further north on PL609 to re-enter the suspended Neiden exploration well, well 7220/6-2, which was partially drilled last year. The Neiden well was suspended immediately above the reservoir section last October due to winter restrictions on the rig in use at the time. The Neiden prospect is estimated to contain gross unrisked prospective resources of 204 MMboe.
The third well to be drilled in the campaign is an exploration well targeting the Filicudi prospect on PL533 to the northwest of the Alta discovery and south of the Statoil operated Johan Castberg discovery. The Filicudi prospect is expected to contain a Jurassic sandstone reservoir analogous to the Johan Castberg discovery. The Filicudi prospect is estimated to contain gross unrisked prospective resources of 258 MMboe.
Lundin Norway is the operator of both PL609 and PL533 and holds a 40% and 35% working interest in these respective licenses.
The Leiv Eiriksson drilling rig has been contracted for three firm well slots with an additional six optional well slots.
