Lundin drills Barents Sea Ornen prospect

Lundin Petroleum Norway AB, a wholly owned subsidiary of Lundin Norway AS, spudded its 7130/4-1 well on the eastern portion of the Finnmark platform in PL708 in the southern Barents Sea.

The Ornen prospect is expected to consist of Upper Permian carbonates and may contain 354 MMboe of gross unrisked prospective resources, Lundin Norway said.

The Transocean Arctic semisubmersible rig is drilling Lundin’s well to a planned 2,630 m TD, which is expected to take 60 days. Lundin Norway is the operator of PL708 with a 40% working interest. Partners include Edison Norge 20%, Lukoil Overseas North Shelf 20%, and North Energy 10%.

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