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Home›Fossil Energy›Lundin spuds Neiden wildcat
Fossil Energy

October 5, 2015 · about 11 years ago

Lundin spuds Neiden wildcat

Lundin Petroleum’s wholly owned subsidiary Lundin Norway has started drilling of exploration well 7220/6-2 on the Neiden prospect in the Barents Sea. The Neiden prospect is located in the northern part of PL609, some 60 km northeast of the Alta discovery and approximately 200 km from the Norwegian c

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Lundin Petroleum’s wholly owned subsidiary Lundin Norway has started drilling of exploration well 7220/6-2 on the Neiden prospect in the Barents Sea.

The Neiden prospect is located in the northern part of PL609, some 60 km northeast of the Alta discovery and approximately 200 km from the Norwegian coastline.

Lundin Petroleum estimates the Neiden prospect to have the potential to contain unrisked, gross prospective resources of 204 million barrels of oil equivalents.

The planned total depth is approximately 1,350 metres below mean sea level and the well is being drilled using the drilling rig Island Innovator. The company received consent to drill the well with the Island Innovator semi-sub in August 2015.

According to Lundin, drilling is expected to take approximately 40 days.

Lundin Norway holds 40 percent working interest in PL609. Partners are DEA Norge AS and Idemitsu Petroleum Norge AS with 30 percent working interest each.

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