Lundin Spuds Tellus Well Offshore Norway

Lundin Petroleum has spud exploratory well 16/1-15 in Production License 338. The well is targeting the Tellus prospect, which is situated immediately to the north of the Luno field. The main objective of the well is to test the Jurassic/Triassic age sandstones and conglomerates in a separate fault segment north of the Luno field.

Lundin estimates the prospect contains gross unrisked prospective resources of 40 million barrels of oil equivalent, which could potentially prove additional volumes to the Luno development. Planned total depth of well 16/1-15 is 2,500 meters, and the well will be drilled by the Bredford Dolphin semisub. Drilling should take about 45 days.

Serving as operator with a 50% interest is Lundin Petroleum. Partners on the license include Wintershall Norge ASA with 30% and RWE Dea with 20%.

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