Sweden-based independent oil and gas exploration and production company Lundin Petroleum through its wholly-owned subsidiary Lundin Norway, has begun drilling of exploration well 16/4-6S in production license PL359, offshore Norway.
The 16/4-6S exploration well located south of the Edvard Grieg field in the North Sea, offshore Norway, is being drilled to target the Luno II prospect.
According to Lundin’s estimation, the Luno II prospect contains unrisked, gross and prospective resources of 139 million barrels of oil equivalent.
Lundin is planning to spud the well to a planned total depth of 2,099m below mean sea level using the Bredford Dolphin facility to prove the presence of hydrocarbons in Jurassic reservoir sandstones.
The drilling program is expected to last about 45 days. Lundin Norway is the operator of the license PL359 with 40% working interest, whereas its partners Statoil Petroleum and Premier Oil, each hold 30% working interest.
