Lundin ups stake in Brynhild offshore Norway

Offshore staff

STOCKHOLM, Sweden -- Lundin Norway has completed a 20% acquisition in the Brynhild field in the Norwegian North Sea from Talisman Norge.

It gives Lundin a 90% operating interest in the field, which is due onstream during Q4 2013. At peak Brynhild will produce 12,000 boe/d.

Petroleum Safety Authority Norway has authorized Lundin to drill exploration well 8/5-1 in the southern Norwegian North Sea, using the jackup Mærsk Guardian.

Drilling should start in January 2013, and will last for at least 54 days. This could double in the event of a discovery, in which case a production test will be performed.

The location is in license PL 453S, 165 km (102 mi) southwest of Egersund, in 72 m (236 ft) water depth.

12/28/2012

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