Lundin Petroleum updates reserves

Lundin Petroleum AB, Stockholm, has reported that its net proved and probable working interest reserves are 194.1 million boe as of Dec. 31, 2013. The company forecasts production of 30,000-35,000 boe/d for 2014.

Lundin’s best estimate for contingent resources is 342 million boe—excluding the Johan Sverdrup field, which contains gross 2C of 1,800-2,900 million boe as disclosed by pre-unit operator Statoil. The company forecasts 50,000 boe/d production in 2015. This estimate includes full production from the Brynhild field and the start-up of the Boyla, Bertam, and Edvard Grieg fields in 2015.

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