Lundin Petroleum says that its wholly owned subsidiary Lundin Norway AS has commenced drilling of exploration well 16/1-25 S on the Rolvsnes prospect in PL338C. The well is located approximately 6 km south of the Edvard Grieg field in the North Sea sector of the Norwegian Continental Shelf.
Well 16/1-25 S will explore the Rolvsnes area, located between the Edvard Grieg field and the Luno II discovery.
The main objective of well 16/1-25 S is to test the hydrocarbon potential in thin Jurassic/Cretaceous sandstone reservoir overlying porous fractured basement. Lundin Petroleum estimates the Rolvsnes prospect to contain gross unrisked prospective resources of 107 million barrels of oil equivalents.