Lundin Spuds Exploration Well on Ogna Prospect

Sweden's Lundin Petroleum announced Monday that it has started drilling exploration well 8/5-1 on production license 453S in the southern North Sea. The firm said that the well is targeting the Ogna prospect, which is located some 40 miles from the Ula Field in the North Sea, offshore Norway.

Lundin said that the main objective of the well is to prove the presence of hydrocarbons in Upper to Middle Jurassic reservoirs. The firm estimates the Ogna prospect contains un-risked, gross, prospective resources of 156 million barrels of oil equivalent.

The planned total depth is 8,020 feet below mean sea level and the well will be drilled using the Mærsk Guardian (350' ILC) rig. Drilling is expected to take approximately 50 days.

Lundin Petroleum, through its wholly owned subsidiary Lundin Norway, is the operator and has a 35 percent working interest in PL453. Partners are Det norske oljeselskap with 25 percent, Noreco with 25 percent and VNG Norge with 15 percent interest.
 

 



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
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.
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Tower Resources Director Retires (Feb 5)
 -  Petsec Energy Acquires 100% Stake in D... (Feb 5)
 -  BG Group's Earnings Drop (Feb 5)
 -  Wood Mac: Producers Continue to Run Lo... (Feb 5)
 -  Greka Warns of Cost Base Reduction in ... (Feb 5)


Most Popular Articles

From the Career Center
Jobs that may interest you
Research Unit Operator
Expertise: Mechanic|Rig Instrument Tech
Location: Richmond, CA
 
US Country Manager
Expertise: Drilling Consultant|Project Management|Technical Manager
Location: Houston
 
Drill Rig Operator
Expertise: Driller|Production Operator
Location: Houston, TX
 
search for more jobs

Brent Crude Oil : $34.06/BBL 1.16%
Light Crude Oil : $30.89/BBL 2.61%
Natural Gas : $2.06/MMBtu 4.56%
Updated in last 24 hours