Statoil Spuds New Johan Sverdrup Appraisal Well

Sweden's Lundin Petroleum reported Tuesday the spud of appraisal well 16/2-17S on the Statoil-operated production license 265 on the Johan Sverdrup discovery in the Norwegian North Sea.

The well is located close to the western-bounding fault of the Johan Sverdrup discovery and its main objective is to investigate the Jurassic reservoir thickness, quality and distribution close to the fault – approximately a mile southwest of appraisal well 16/2-8 and 1.5 miles west of appraisal well 16/2-11.

The planned total depth is approximately 6,750 feet below mean sea level. The well will be drilled by the Ocean Vanguard (DW semisub) rig in an operation expected to take around 55 days.

Statoil's partners in the well include Petoro, with a 30-percent stake, Det norske oljeselskap, with 20 percent, and Lundin Norway, which has a 10-percent interest.



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