Lundin Petroleum spuds 16/2-9S exploration well in Norway

August 25, 2011 | Licensing & Concessions, North Sea & Western Europe

Lundin_Petroleum_Spud_of_Appraisal_Well

Sweden-based oil and gas exploration and production company Lundin Petroleum has commenced drilling of appraisal/exploration well 16/2-9S on the Aldous Major North structure in licence PL265 in the Norwegian North Sea.

Lundin Petroleum believes the Aldous Major North structure to be the north-westerly continuation of the Aldous Major South discovery in PL265.

Lundin Petroleum operated PL501 Avaldsnes discovery with primary target in sandstone of Upper Jurassic age.

The planned total depth is 2,241m below mean sea level and the well will be drilled with the drilling rig Transocean Leader for 40 days.

Lundin Petroleum holds a 10% stake in PL265, while the operator Statoil Petroleum holds a 40%, Petoro holds a 30% and Detnorskeoljeselskap holds a 20%.