Lundin Petroleum AB says that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has commenced drilling of exploration well 6407/10-4 on the Lorry prospect.

The well 6407/10-4 will explore the Lorry prospect in PL700, located on the northern part of the Frøya High in the Norwegian Sea approximately 17 km northeast of VNG Norge operated Pil and Bue discoveries in the Halten Terrace.

The reservoir is expected to consist of Upper Jurassic sandstone. The Lorry prospect is estimated to contain gross unrisked prospective resources of 151 million barrels of oil equivalents (MMboe).

The planned total depth is approximately 3,104 metres below mean sea level and the well will be drilled with the semi-submersible drilling unit Island Innovator. The drilling operation is expected to take approximately 60 days.

Lundin Norway is the operator of PL700 with a 40 percent working interest. The partners are Bayerngas Norge AS, GDF SUEZ E&P Norge AS and VNG Norge AS with 20 percent each.

Tags: Lundin Petroleum