Lundin Stone Oil Is Delineating Their Barents Ocean Discovery
First up, the Norwegian Petroleum directorate:
Appraisal as well as examination production of the 7220/11-1 (Alta) oil as well as gas uncovering inwards the Barents Sea – 7220/11-5 S
Successful appraisal good as well as extended production examination on Alta
25 September 2018
Lundin Petroleum AB (Lundin Petroleum) is pleased to denote that its wholly owned subsidiary Lundin Kingdom of Norway AS (Lundin Norway) has successfully completed the Alta appraisal good 7220/11-5 as well as extended production examination inwards PL609 inwards the southern Barents Sea.
Highlights:
The stock has doubled over the in conclusion yr as well as is likely non worth chasing simply is a solid picayune operator.
Now instruct for the gas. (Sverdrup)
Although the estimated reserves are alone nearly 1 10th the size of the North Sea operations inwards the Johan Sverdrup plain because alongside the latter I ever intend of Etaoin Shrdlu as well as the mental digression slows downwards the travel as well as leaves me vulnerable to beingness constitute alongside a dazed grinning on my face.
More on that some other time.
Maybe.
Here's the license area, the easternmost blocks butt correct upward against Russian-claimed waters:
Appraisal as well as examination production of the 7220/11-1 (Alta) oil as well as gas uncovering inwards the Barents Sea – 7220/11-5 S
25.09.2018And from the company:
Lundin Kingdom of Norway AS, operator of production licence 609, has concluded drilling as well as examination production on appraisal good 7220/11-5 S on the 7220/11-1 (Alta) oil as well as gas uncovering inwards the southwestern purpose of the Barents Sea.The good was drilled nearly iv kilometres south-southwest of the uncovering well, as well as nearly 190 kilometres northwest of Hammerfest.
The uncovering was proven inwards carbonate rocks from the Permian Age (the Ørn formation inwards the Gipsdalen group) inwards 2014. Before good 7220/11-5 S was drilled, the operator’s resources guess for the uncovering was betwixt fifteen as well as 41 1 yard 1000 Sm3 of recoverable oil equivalents.
The objective of good 7220/11-5 S was to examination the oil production rates over a longer fourth dimension menses inwards diverse carbonate rocks without pregnant breakthrough of H2O and/or gas.
The good encountered a 118-metre gas column inwards the Falk formation from the Carboniferous Age inwards the Gipsdalen group, as well as a 720-meter horizontal department was drilled inwards the Falk as well as Ørn formation. The horizontal department is situated 32 metres nether the gas-oil contact, as well as 12 metres over the presumed oil-water contact. The reservoir consists of a mix of siliciclastic as well as carbonate rocks inwards the Falk formation as well as carbonate rocks inwards the Ørn formation from the Late Carboniferous to Early Permian period. The reservoir lineament is considered to live expert to real good.
Preliminary estimates house the size of the uncovering inside the attain of incertitude for the resources guess prior to drilling the well. The resources guess for the uncovering is expected to grow as well as the incertitude volition live reduced when a novel resources guess is finally available....MORE
Successful appraisal good as well as extended production examination on Alta
25 September 2018
Lundin Petroleum AB (Lundin Petroleum) is pleased to denote that its wholly owned subsidiary Lundin Kingdom of Norway AS (Lundin Norway) has successfully completed the Alta appraisal good 7220/11-5 as well as extended production examination inwards PL609 inwards the southern Barents Sea.
Highlights:
HT on both press releases: The Barents Observer• Results were improve than expected, demonstrating first-class reservoir productivity as well as connectivity to a large volumeThe appraisal good is located about iv km southward of the original Alta uncovering good as well as is the 5th good drilled on the Alta discovery. The master copy objectives of the appraisal good as well as extended production examination was to testify sustainable production rates as well as trim the incertitude about the recovery machinery inwards the Permian-Triassic karstified as well as fractured carbonate reservoirs to supply the footing to progress evolution studies.
• Successfully completed 700 metres horizontal appraisal good through karstified as well as fractured carbonate reservoir, a outset on the Norwegian Continental Shelf
• Two calendar month stream menses alongside a maximum production of 18,000 bopd constrained yesteryear the surface production facilities alongside a total of about 675,000 barrels of oil produced
• Results expected to increase the Alta resources guess as well as trim the incertitude range
The semi-submersible drilling rig Leiv Eiriksson was used for the drilling as well as testing at Alta. The good was tested through the rig as well as the produced volumes were flowed via a flexible flowline to the Teekay Scott Spirit tanker. The oil produced to the tanker volition live delivered to the Mongstad oil terminal on the due west coast of Kingdom of Norway as well as volition live afterwards sold....MUCH MORE
The stock has doubled over the in conclusion yr as well as is likely non worth chasing simply is a solid picayune operator.
Now instruct for the gas. (Sverdrup)
Although the estimated reserves are alone nearly 1 10th the size of the North Sea operations inwards the Johan Sverdrup plain because alongside the latter I ever intend of Etaoin Shrdlu as well as the mental digression slows downwards the travel as well as leaves me vulnerable to beingness constitute alongside a dazed grinning on my face.
More on that some other time.
Maybe.
Here's the license area, the easternmost blocks butt correct upward against Russian-claimed waters:
No comments