Lundin Confirms Avaldsnes Extension
Lundin Petroleum confirms the 16/3-4 appraisal well proves the Avaldsnes field extends to the southeast of the 16/2-6 discovery well in the Norwegian sector of the North Sea. The operator successfully tested the well and performed a comprehensive logging and coring program.
Lundin discovered Avaldsnes through the 16/2-6 well in 2010; and the recently drilled appraisal well proved an oil column of 44 feet (13.5 meters) in excellent quality sandstone of Jurassic age. A high net-to-gross resulted in net pay at the appraisal location in excess of that at the discovery well. The gathered data confirms excellent reservoir properties, with average porosity of about 30% and multi-Darcy permeability. The well flowed at a rate of 5,500 boepd through a restricted choke size of 60/64 inch.
Lundin will now sidetrack the well to confirm the lateral continuity of the reservoir towards the west. The well will then be plugged and abandoned after it reaches a total depth of 6,627 feet (2,020 meters). Drilling of the second appraisal well will take place shortly using the Bredford Dolphin seimsub. Avaldsnes is located on Block 16/2 in 377 feet (115 meters) of water. Lundin Petroleum operates the discovery with a 40% interest; Statoil with 40%; and Maersk with the remaining interest.
continue reading the full article
SubseaIQ provides focused, in-depth coverage of offshore field development activities around the world, with daily updates on hundreds of offshore fields and facilities. Click here to sign up for the free weekly email newsletter.Field Development Updates
- Blockchain Demands Attention in Oil and Gas
- Macquarie Sees USA Oil Production Exiting 2024 at 14MM Barrels Per Day
- CNPC Opens Sea-Land Oil Storage and Transport Facility in Bangladesh
- Oman Sees Increasing Ship-to-Ship Transfers of Russian Oil Bound for India
- US Govt Makes Record Investment of $6B for Industrial Decarbonization
- Perenco Still Searching for Missing Person After Platform Incident
- Eni, Fincantieri, RINA Ink Deal on Maritime Decarbonization
- Oil Falls as US Inventories Increase
- Czech Utility CEZ Bucks Weaker Prices, Demand to Log Record Annual Profit
- Ithaca Energy Studies Deal for Eni's UK Upstream Assets
- Equinor Makes Discovery in North Sea
- Standard Chartered Reiterates $94 Brent Call
- India Halts Russia Oil Supplies From Sanctioned Tanker Giant
- DOI Announces Proposal for Second GOM Offshore Wind Auction
- Centcom, Dryad Outline Recent Moves Around Red Sea Region
- PetroChina Set to Receive Venezuelan Oil
- Czech Conglomerate to Buy Major Stake in Gasnet for $917MM
- US DOE Offers $44MM in Funding to Boost Clean Power Distribution
- Oil Settles Lower as Stronger Dollar Offsets Tighter Market
- UK Grid Operator Receives Aid to Advance Rural Decarbonization
- Chinese Mega Company Makes Major Oilfield Discovery
- VIDEO: Missile Attack Kills Crew Transiting Gulf of Aden
- Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
- Chinese Mega Company Makes Another Major Oilfield Discovery
- What Is the Biggest Risk to Offshore Oil and Gas Personnel in 2024?
- Vessel Sinks in Red Sea After Missile Strike
- Exxon Rights in Stabroek Do Not Apply to Hess Merger with Chevron: Hess
- Analysts Reveal Latest Oil Price Outlook Following OPEC+ Cut Extension
- Equinor Makes Discovery in North Sea
- Standard Chartered Reiterates $94 Brent Call