Lundin spuds exploration well on Alta prospect

Lundin Norway AS, a wholly owned subsidiary of Lundin Petroleum AB, has spudded exploration well 7220/11-1 in PL609 of the Alta prospect, 20 km northeast of the Gohta discovery in the Barents Sea.

The well’s primary objective is to prove the presence of hydrocarbons in sandstones of Triassic age as well as carbonates of Permo-Carboniferous age. The planned total depth is 2,393 m below mean sea level.

The Island Innovator rig, which recently completed drilling Gohta appraisal well 7120/1-4s, will conduct the drilling over a period of 60 days (OGJ Online, July 21, 2014).

Lundin estimates Alta’s unrisked, gross prospective resources total 261 million boe.

Lundin Norway has operated PL609 with 40% interest since 2011. The remaining interest is split between RWE Dea Norge AS and Idemitsu Petroleum Norge AS at 30% each (OGJ Online, Apr. 11, 2011).

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