Lundin Petroleum commences Kitabu exploration
Lundin Petroleum has spud the Kitabu-1 exploration well in Block SB307/308, offshore Sabah, Malaysia.
The Kitabu prospect is a stratigraphic trap located 4 km to the north of the Shell-operated producing South Furious 30 oilfield, with target reservoirs in onlapping turbidite sandstones of the same Miocene sequence.
Lundin Petroleum estimates the Kitabu prospect to have the potential to contain unrisked, gross prospective resources of 71 million barrels of oil equivalent (boe).
Kitabu-1 is a vertical well to be drilled by the jackup rig West Prospero to a depth of 2270 m in approximately 50 m water depth. The drilling of the well is expected to take approximately 35 days.
Lundin Petroleum holds a 42.5% interest in Block SB307/308 through its subsidiary Lundin Malaysia BV. Lundin Malaysia BV's partners are EnQuest with a 42.5% interest and Petronas Carigali with a 15% interest.
Adapted from press release by Katie Woodward
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/27102014/lundin-petroleum-commences-kitabu-exploration-1706/
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