Lundin Ups Stake at Brynhild Field

Lundin Petroleum AB has entered into an agreement with Talisman Energy Norge AS to acquire an additional 30 percent interest in PL148 containing the Brynhild field, offshore Norway. Following the acquisition, Lundin Petroleum will hold a 100 percent interest in PL148.

The Plan of Development for the Brynhild field was approved by the Norwegian government in November 2011 and execution of the project is proceeding. The Brynhild field is forecast to produce first oil in late 2013 at a gross plateau production of 12,000 barrels of oil per day.

The transaction is subject to the approval of the Norwegian authorities.

For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit www.riglogix.com.
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Project Manager, USA
Expertise: Project Management
Location: United States
 
Financial Analyst - Finance and Investor Relations
Expertise: Accounting|Financial Analyst|Legal
Location: Dallas, TX
 
United States Houston: Petrophysicist
Expertise: Petroleum Engineering|Petrophysicist
Location: Houston, TX
 
search for more jobs

Brent Crude Oil : $50.75/BBL 0.09%
Light Crude Oil : $47.73/BBL 0.50%
Natural Gas : $3.05/MMBtu 0.97%
Updated in last 24 hours