Lundin Gets Drilling Permit for North Sea Well (Norway)

Business & Finance

Lundin Gets Drilling Permit for North Sea Well (Norway)

The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 16/2-13, cf. Section 8 of the Resource Management Regulations.

Well 16/2-13 will be drilled from the Transocean Arctic drilling facility at position 58°49’59.50’’N 02°39’12.25’’E for Lundin Norway AS in production licence 501.

The drilling programme for well 16/2-13 concerns the drilling of an appraisal well in production licence 501. Lundin is the operator with an ownership interest of 40 per cent. The other licensees are Statoil Petroleum AS with 40 per cent and Maersk Oil Norway AS with 20 per cent.

The area in this licence consists of parts of blocks 16/2, 3, 5 and 6. The well will be drilled about 2.4 kilometres northeast of the discovery well 16/2-6 and 5 kilometres northwest of the appraisal well 16/3-4 on Johan Sverdrup in the central part of the North Sea.

Production licence 501 was awarded on 23 January 2009 (APA 2008). This is the ninth well drilled in the license’s area.

The permit is contingent upon the operator having secured all other permits and consents required by other authorities before the drilling starts.

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Source: NPD, June 20, 2012