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Johan Sverdrup PL501 appraisal well 16/3-7 completed

STOCKHOLM, Sweden -- Lundin Petroleum AB, through its wholly-owned subsidiary Lundin Norway AS, has completed Johan Sverdrup appraisal well 16/3-7, located in the south-eastern part of PL501.

Appraisal well 16/3-7 is located at the southeastern flank of the Johan Sverdrup discovery. It was drilled approximately 3 km southeast of well 16/3-5 and 4 km south-west of exploration well 16/3-2. The purpose of the well was to determine depth to the top of the reservoir, reservoir thickness and the oil water contact.

The well encountered a gross reservoir thickness of 50 m, slightly deeper to what was expected. The reservoir consists of 14 m of excellent quality sandstone of late Jurassic age and 36 m of dolomitic carbonates of Permian age with good reservoir properties. The well showed a good common water gradient in both the sandstone and carbonates demonstrating good communication between the two reservoirs. The oil water contact was not proven in the well. However, oil and water was sampled in the uppermost part of the reservoir, at 1,925 m below mean sea level, which indicates an oil water contact close to this level and that the well was positioned near the edge of the field.

The well was drilled to a total depth of 2,075 m below mean sea level into sediments of Permian age. A comprehensive coring and logging program has been successfully completed.

The well was drilled using the semi-submersible drilling rig Bredford Dolphin. The rig will now drill appraisal well 16/5-5 in PL410, also operated by Lundin Norway.

Lundin Norway is the operator in PL501 with 40 percent interest. The partners are Statoil Petroleum AS with 40 percent interest and Maersk Oil Norway AS with 20 percent interest.

11/07/2013

 

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