Lundin Completes Latest Johan Sverdrup Appraisal Well

Musings: Latest Economic Statistics Are Not Good for Energy Market

Sweden's Lundin Petroleum reported Tuesday that it has successfully completed its latest Johan Sverdrup appraisal well (well 16/2-21) on production license 501, offshore Norway.

The well found net oil column of 39 feet in a gross Jurassic reservoir sequence of 98 feet. Lundin said the Jurassic sequence has "excellent reservoir quality".

The well was drilled to a total depth of 6,710 feet and it will now be plugged and abandoned.

Lundin CEO Ashley Heppenstall commented in a company statement:

"The latest Johan Svedrup appraisal well provides a further important data point and will be incorporated into the latest reservoir model which will be used to update resource estimates later this year. The well again encountered Volgian reservoir of excellent quality and high net to gross above the oil water contact. The top reservoir was encountered within our range of pre drill estimates."

The well was drilled using the rig Bredford Dolphin (mid-water semisub). Lundin is the operator of PL501, holding a 40-percent interest.

Have a news tip? Share it with Rigzone!


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

Our Privacy Pledge

More from this Author
Rigzone Staff
e-mail us at
 -  Petrofac Suspends Group Chief Operatin... (May 25)
 -  EnQuest On Track For Kraken First Oil ... (May 25)
 -  Energean Signs Lease Agreement for Exp... (May 25)
 -  Seadrill CEO Praises Workforce (May 24)
 -  Serinus Shuts-In Sabria Field Due to S... (May 23)

Most Popular Articles

From the Career Center
Jobs that may interest you
Equipment Operator - San Antonio
Expertise: Coil Tubing|Driller|Production Operator
Location: San Antonio, TX
Field Specialist
Expertise: Field Development|Field Service Tech
Location: Dickinson, ND
Field Technician Intern
Expertise: Field Development
Location: Charlotte, NC
search for more jobs

Brent Crude Oil : $51.46/BBL 4.63%
Light Crude Oil : $48.9/BBL 4.78%
Natural Gas : $3.18/MMBtu 0.90%
Updated in last 24 hours