Lundin Kickstart Drilling Campaign In Southern Barents

Published at 08:43AM - 22/07/16

Lundin Petroleum announced that its wholly owned subsidiary Lundin Norway has started the 2016 exploration and appraisal campaign in the Southern Barents Sea.

The campaign to be undertaken in the Loppa High area will use the Leiv Eiriksson semi-submersible drilling rig, the company informed in an emailed statement.

“The 2016 drilling campaign consists of three wells commencing with the re-entry of the Alta-3 appraisal well 7220/11-3A in PL609 which was successfully drilled last year on the eastern flank of the Alta discovery,” the company informed in a statement.

Lundin Kickstart Drilling Campaign In Southern Barents

The aim of re-entering the appraisal well is to deepen the well to 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 metres.

All three Alta wells drilled to date have proven pressure communication, the company explained.

Lundin estimates the Alta discovery to contain between 125 and 400 million barrels of oil equivalent (boe).

The Leiv Eiriksson drilling rig has been contracted for three firm well slots with an additional six optional well slots.

Leiv Eiriksson to Continue Drilling on PL609

When the drilling of the Alta-3 well is concluded, the Leiv Eiriksson drilling rig is expected to move further north on production licence 609 and operate on the Neiden well 7220/6-2.

The suspended exploration well was partially drilled in 2015.

Drilling had been suspended due to the drilling rig’s – Island Innovator – weather restrictions, in October 2015.

The Neiden wildcat is estimated to hold approximately 204 million boe.

Following Neiden, the Southern Barents Sea campaign is to continue with the Filicudi prospect, its third well to be drilled in 2016.

The exploration well located on PL533, northwest of the Alta discovery and south of the Johan Castberg discovery, operated by Statoil.

The Filicudi prospect is estimated to contain gross unrisked prospective resources of 258 million boe.

Lundin Norway operares both PL609 and PL533 and holds a 40% and 35% in the licenses, respectively.