Finance & Investing
News Services
Newsletters
Get free industry updates via email.
Daily News
Weekly News
Equipment Updates
Weekly Job Register
Monthly Event Guide
Our privacy
pledge.


advertisement

Lundin Spuds Well near Snohvit Field

change text size

Lundin Petroleum AB (Lundin Petroleum) announced that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has commenced the drilling of well 7120/6-3 S in PL490 on the Snurrevad-Juksa prospect in the Barents Sea. The well will be drilled using the Transocean Arctic (mid-water semisub).

The well is located 6 miles (10 kilometers) to the north west of the Snøhvit field. The main objective of the well is to prove the presence of hydrocarbons in lower Cretaceous/upper Jurassic reservoirs.

Lundin Norway AS is the operator of PL490 with 60 percent interest. Partners are Noreco Norway AS and Spring Energy Norway AS with 20 percent interest each. Subject to approval from the authorities Spring Energy Norway AS will acquire a 10 percent interest, increasing their interest to 30 percent. Lundin Norway AS will have a 50 percent working interest after the farmout.
 

WHAT DO YOU THINK?

Post a Comment Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
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.

Most Popular Articles
From the Career Center
Jobs that may interest you
Sr. Subsea Engineer MUX
Expertise: Subsea Engineer
Location: Houston, TX
 
Offshore Rig Clerk
Expertise: Dispatcher, Logistics Coordinator, Rig File Clerk
Location: Louisiana & Texas
 
Completions Engineering Advisor
Expertise: Drilling Engineering, Petroleum Engineering, Workover or Completion
Location: Houston, TX
 
search for more jobs