Lundin to Test Barents Sea Oil Discovery

Sweden's Lundin Petroleum reported Tuesday that it is in the process of completing its exploration well 7120/1-3 that is targeting the Gohta prospect some 20 miles northwest of the Snøhvit field in the Barents Sea, offshore northern Norway. The firm will test an oil discovery it has made there.

The main objective of the well was to prove oil in two separate targets: Triassic sandstone and Permian carbonate reservoirs. In the Permian target the well found a gross 245-foot oil column beneath a gross 82-foot gas/condensate cap in dolomotised and karstified carbonate. The oil-water contact was encountered at approximately 7,760 feet below mean sea level. The well also found sandstone in the Triassic target, but the reservoir here was filled with water.

Now that the well has been cored, logged and sampled, a drill stem test will be carried out to establish the flow properties of the discovery, Lundin said.

The well was drilled by the Transocean Arctic (mid-water semisub) rig.

Lundin Norway is the operator of production license 492, which contains the Gohta prospect, and holds a 40-percent interest.

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