Sweden's Lundin Petroleum has announced that it has made two oil discoveries in exploration wells near the Edvard Grieg field on the Utsira High, off Norway.
The firm's wholly owned subsidiary Lundin Norway made the two finds in exploration wells 16/1-31 S (Jorvik) and 16/1-31 A (Tellus East).
The dual branch Jorvik/Tellus East well was drilled four kilometres northeast of the Edvard Grieg platform, by the Leiv Eiriksson semi-submersible drilling rig.
At Jorvik, the well encountered oil in 30 metres of conglomerate reservoir of Triassic age with a thin, high quality sandstone above. At Tellus East, the well encountered a gross oil column of 60 metres in porous, weathered basement reservoir.
The combined gross resources of Jorvik and Tellus East are estimated to be between 4 and 37 million barrels of oil equivalent (MMboe). Both Jorvik and Tellus East can be developed with wells from the platform, which will be evaluated in parallel with other infill targets and tie-in opportunities in the area, to optimise the utilisation of the available processing capacity on the facility.
Lundin Norway is the operator of PL338 with a 65 per cent working interest. The partners are OMV with 20 per cent and Wintershall DEA with 15 per cent.