"Lundin" News

More oil on Johan Sverdrup

May 02, 2014

The latest Johan Sverdrup appraisal well 16/2-19 has found 6m of good quality oil filled sandstone of lower Jurassic/upper Triassic age in the Geitungen area in the north eastern part of the Johan Sverdrup discovery, according to Lundin Petroleum…

Latest Johan Sverdrup wells complete

Mar 27, 2014

Lundin Petroleum has completed two successful appraisal wells 16/3-8 S and 16/3-8 S T2, on the Johan Sverdrup discovery. Appraisal well 16/3-8 S, on the Avaldsnes High, was drilled about 4km southeast of discovery well 16/2-6 and about 3km west of appraisal well 16/3-4…

Lundin spuds well off Indonesia

Feb 17, 2014

Lundin Petroleum AB has commenced the exploration drilling in the Baronang PSC, Natuna Sea, Indonesia using the drilling rig Hakuryu 11. Balqis-01 will be followed by a sidetrack, Boni-01. Balqis-01 is a wildcat oil exploration well designed…

Johan Sverdrup plan agreed

Feb 13, 2014

Statoil and its partners on the giant Johan Sverdrup field have chosen a four-platform development concept, with power from shore. The field, containing 1.8-2.9billion boe, is one of the five largest discoveries on the Norwegian Continental Shelf (NCS)…

Low mobility in Langlitinden

Feb 21, 2014

Det Norske Oljeselskap's well 7222/11-2 on the Langlitinden prospect in production license 659 in the Barents Sea is being completed. Partner Lundin Petroleum said logs and samples have been acquired. Oil with very low mobility was sampled in Middle Triassic sandstones…

Barents seismic project expands

Feb 26, 2014

The project for joint seismic acquisition in the southeastern Barents Sea has been joined by a further 16 companies. In total, 33 companies are now part of the project, which will secure good data quality and low acquisition costs. A…

Lundin increases spending

Jan 08, 2014

Lundin Petroleum AB is to increase its spending on new developments by 25%, to US$1.4 billion, in 2014. The majority of the cash (75%) will be spent on ongoing projects offshore Norway, with most of the rest being spent on the Bertram development in Malaysia…

Lundin spuds Johan Sverdrup appraisal

Jan 03, 2014

Lundin Petroleum AB has started drilling the latest appraisal well at the giant Johan Sverdrup discovery, in the Norwegian sector of the North Sea. The well,16/3-8S, on PL501, is at the crest of the Avaldsnes high. Its objectives are to establish the depth…

Hakuryu-11 heads to Indonesia

Feb 06, 2014

Lundin petroleum began towing the Hakuryu-11 jackup rig to Indonesia, for drilling of the Balqis-1 well part of the Baronang production sharing contract (PSC). Following drilling on the Balqis-1, the Hakuryu-11 will commence drilling on the Boni-1 well…

Well situation on Snorre A

Jan 20, 2014

Statoil is working to secure a well drilled from its Snorre A platform in the North Sea, after drilling fluid was lost during operations on Saturday night.Drilling fluid is used to maintain pressure in a well during drilling. Statoil…

Record round in Norway

Jan 22, 2014

Norway’s government has offered a record 48 companies stakes in 65 new production licenses in its 2013 Awards in Predefined Areas (APA 2013) licensing round. The move sets a record, both in the number of production licenses offered and the number of companies involved…

Langlitinden well drilled

Jan 14, 2014

Det Norske Oljeselskap has commenced drilling the Langlitinden prospect in production license (PL) 659, located 80km northeast of the Snøhvit field. It is the company's first operated well in the Barents Sea.The target for the well (7222/11-2) is to prove hydrocarbons in the Triassic…

Norway buoyant but costs rise

Jan 14, 2014

Wood Mackenzie’s annual review of Norway's upstream oil and gas industry concludes that the sector showed no signs of slowing down in 2013.The review cites high levels of development spend, asset deals, exploration activity, and a record NKr 176 billion (US$30 billion) capital investment…

Johan Sverdrup delayed

Dec 20, 2013

Partners behind the giant Johan Sverdrup discovery have said that a decision on the development has been delayed until the New Year. Statoil, Lundin and Det Norske had been due to agree concept selection on licenses PL501, PL265 and PL502 by the end of 2013…

Lundin spuds Luno II South

Nov 11, 2013

Lundin Norway AS (Lundin Norway) has started drilling appraisal well 16/5-5 in production license 410. The well will target the Luno II South structure, 9km southeast of the Luno II discovery well 16/4-6S in PL359, in the Norwegian sector of the North Sea…

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