Lundin Hits Gas Pay in Barents Sea



Lundin Petroleum has discovered gas in completed well 7120/2-3S on the Skalle prospect. Drilled by the Transocean Leader semisub, the well was designed to determine hydrocarbons in reservoir rocks from both the Cretaceous and the Jurassic age. Gas was proven in three separate zones.

The initial gross contingent resource range for the Skalle discovery is estimated at between 88 to 280 Bcf (15 to 50 MMboe). Lundin believes there is potential for a deeper oil leg in the lower Cretaceous reservoir of Skalle and upside potential in Skalle substructures. The results will be further analyzed to determine the appraisal program for the discovery. 

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