Lundin commence Luno exploration drilling
2010.02.05 -
Field Development

Lundin Petroleum AB has announced that drilling of exploration well 16/4-5 on the Luno High prospect in the Greater Luno Area has commenced. The well in PL359 is located 9 km south of the Luno field on the southern Utsira High in the North Sea.
Well 16/4-5 in PL359 will target sandstones of Jurassic and Triassic age in a combined stratigraphic-/structural trap. The Luno High prospect is estimated to contain gross unrisked prospective resources of 103 MMboe. The well will also test potential basement prospectivity similar to that encountered in well 16/1-12 (Luno South).
The planned total depth is approximately 2,275 meters below mean sea level. The well will be drilled from the semi-submersible drilling rig Transocean Winner. Drilling is expected to take approximately 50 days.
Lundin Petroleum is the operator and has a 40 percent working interest in the license. Partners are Statoil Petroleum AS with 30 percent and Premier Oil Norge AS with 30 percent.
PA Resources AB has signed an agreement with the shareholders to acquire the entire share capital of the British oil exploration company Scotsdale Ltd. The company is focusing on low risk exploration in North West Europe. The acquisition means that PA Resources increases its presence in the North Sea with licenses in the United Kingdom and Denmark, and potentially also in the Netherlands.
Aker Exploration has entered into agreements with the international oil company Eni Norge to acquire ownership interests in two licenses in the vicinity of the Åsgard field. The agreements further strengthen Aker Exploration’s position in the Norwegian Sea.
SCAN Geophysical ASA (SCAN) today announced that the company is
remobilising its seismic vessel, M/V Geo Searcher, to re-commence a previously-suspended
2D project offshore Pakistan for BP.
The Norwegian Petroleum Directorate (NPD) has granted ENI Norge AS a drilling permit for wellbore 34/12-1 in the North Sea.
Eni has successfully drilled the last appraisal well, encountered approximately 127 metres (419 ft) of net pay in multiple sands. The initial analysis indicates good reservoir quality.