Gemini duster for Lundin

Swedish independent explorer Lundin Petroleum's Gemini well on production license 338 C has been declared a dry hole.

Wildcat well 16/1-24 on Gemini was drilled about 10km southwest of the Edvard Grieg field in the central part of the North Sea, about 210km west of Stavanger.

The primary exploration target was Lower Paleocene Ty formation reservoir rocks, with pre-drill estimates of unrisked, gross prospective resources at about 93 MMboe.

The well, drilled using the Island Innovator (pictured) semisubmersible drilling rig, encountered no Ty formation sandstone. 

The dry hole on Gemini comes hot on the heels of Lundin's previous dry hole, well 25/10-12S on the Kopervik prospect in the Norwegian North Sea, 175km west of Haugesund, and also drilled using the Odfjell operated Island Innovator

Lundin will hope to have more success on its next well, an appraisal well on the Alta discovery on PL609 in the Barents Sea. Alta was an oil and gas discovery, made in October 2014, 20km from the Ghota discovery. 

Meanwhile, Austrian explorer OMV is also lining up to drill exploration well 7324/8-2, Bjaaland, in the Barents Sea, starting at the end of April, using Ocean Rig's Leiv Eirikson semisubmersible drilling rig. 

Gemini was the first well drilled on PL338C, which was carved out from PL338 late 2014. Lundin agreed to farm out 30% interest on the license last month to Lime Petroleum Norway. Pending the deal completing, Lundin Norway, as operator, will hold 50% working interest in the license with partners Lime Petroleum (30%) and OMV Norge (20%). 

Well 16/1-24 on Gemini was drilled to respective vertical and measured depths of 2269m and 2299m below the sea surface, in 105m water depth, and was terminated in Upper Jurassic rocks. The well has been permanently plugged and abandoned. 

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