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


Lundin Makes Oil Discovery at Albert Prospect

change text size
Lundin Makes Oil Discovery at Albert Prospect

Lundin Petroleum announced Thursday that its exploration well targeting the Albert prospect, approximately 40 miles northwest of the Snorre Field in the northern North Sea, has found oil.

Exploration well 6201/11-3 on Norwegian production license 519 was testing Cretaceous and Triassic-age sandstones in a multiple-target structure. The well encountered oil in the thin Cretaceous reservoir sequence at the predicted level for the primary target, but Lundin said that the thin thickness and uncertain distribution of the reservoir do not give a basis for resource estimate at this stage and that further geophysical and geological studies are required to clarify the potential of the discovery.

"The existence of oil bearing Cretaceous reservoir in the Albert well is encouraging. In the event we can find thicker Cretaceous reservoir sections over this large structure there remains potential for commercial discoveries in this area," said Lundin CEO Ashley Heppenstall in a company statement.

The well was drilled by the Bredford Dolphin (mid-water semisub) rig to a total depth of 9,760 feet below sea level. The rig will now be used by Wintershall for one well before being returned to Lundin to drill an appraisal well on its Johan Sverdrup discovery in license 501.

According to the Norwegian Petroleum Directorate, the 6201/11-3 well was the first to be drilled on PL 519, which was awarded in the 20th Norwegian licensing round in 2009. 

A former engineer, Jon is an award-winning editor who has covered the technology, engineering and energy sectors since the mid-1990s. Email Jon at


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

More from this Author
Jon Mainwaring
European Editor | Rigzone
 -  Dutch Offshore Supply Firms Expect 'Di... (Apr 1)
 -  Drilling Activity to Rebound in 2016 a... (Mar 26)
 -  Hess, Petroceltic Pull Out of Kurdista... (Mar 25)
 -  Wells Cathedral School Pupils Win BP's... (Mar 24)
 -  Osborne Reveals Raft of Measures to Bo... (Mar 18)
Most Popular Articles
From the Career Center
Jobs that may interest you
Drilling Team Lead - Gom (27879)
Expertise: Drilling Engineering
Location: Houston, Texas, TX
Sr. Deepwater Drilling Engineer
Expertise: Drilling Engineering|Mechanical Engineering|Petroleum Engineering
Location: Houston, TX
PSL Finance & Accounting Manager
Expertise: Accounting or Finance|Asset Management
Location: Houston, TX
search for more jobs