Lundin Ppetroleum with dry exploration well offshore United Kingdom
2008.01.07 -
Field Development
Lundin Petroleum AB (Lundin Petroleum) announces that the well 12/17b-1 on the Ridgewood prospect reached Total Depth at 1,731 meters (5,678 ft). The well is located in block 12/17b, production licence P1301, in the Moray Firth area of the United Kingdom Continental Shelf (UKCS).
The well was drilled using the Transocean Galaxy II jack-up rig and evaluated one reservoir target. This target is being plugged and abandoned as a dry hole.
Lundin Petroleum is the operator with 30 percent interest. Partners are Palace Exploration Company (United Kingdom) Limited (25%), Britcana Energy Ltd. (25%) (a subsidiary of International Frontier Resources Corp.), Gulf Shores UK Resources Ltd. (10%) and Monoil UK Limited (10%).
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.
