Industry News

Lundin Spuds Hufsa Exploration Well in Southern Barents Sea

October 12th, 2017 | Oil and Gas Journal /

Lundin Norway AS, a wholly owned subsidiary of Lundin Petroleum AB, has spudded exploration well 7219/12-2 on the Hufsa prospect targeting multiple Jurassic and Triassic sandstone reservoirs.

The two-branch well, drilled on PL533 in the southern Barents Sea, will first target the Nordmela and Tubaen formations and then the Sto formation. It lies south of the Filicudi oil discovery and the Statoil ASA-operated Johan Castberg oil discovery (OGJ Online, Feb. 13, 2017; July 5, 2017).

The Leiv Eiriksson semisubmersible rig is expected to drill the well over a period of 70 days. The Hufsa prospect is estimated to hold gross unrisked prospective resources of 285 million boe.

Lundin Norway is operator of PL533 with 35% working interest. Partners are Aker BP ASA with 35% and DEA Norge AS with 30%.

HOUSTON,  10/10/2017

By OGJ editors