Lundin Petroleum Spuds Fifth Johan Sverdrup Well

Lundin Petroleum announced Wednesday that it has spud its fifth appraisal well on the Johan Sverdrup discovery in the Norwegian sector of the North Sea.

The well, designated 16/2-13, is located around 1.5 miles northeast of the discovery well (16/2-6) that was found in 2010. The main objective is to determine the top reservoir, reservoir quality and thickness, as well as oil-water contact in this part of the field.
 
The planned total depth is 7,050 feet. The well will be drilled with the semisubmersible drilling rig Transocean Arctic (mid-water semisub) and is expected to take approximately 45 days.
 
Lundin Petroleum is the operator of PL501 with 40 percent interest. Its partners in the well are Statoil Petroleum (40%) and Maersk Oil Norway (20%).
 



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