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Lundin confirms extension of Avaldsnes field

Oilfield Technology,


The second appraisal well drilled by Lundin petroleum, 16/2-7, has confirmed the extension of the Avaldsnes field approximately 5.5 km south of the 16/2-6 discovery well and 4.5 km south-west of the first appraisal well 16/3-4.

The Avaldsnes field is located in licence PL501 on the Norwegian Continental Shelf and is in communication with the recently announced Aldous Major South discovery in PL265 to the west.

The second Avaldsnes appraisal well encountered a gross reservoir column of excellent quality Upper Jurassic age sandstone of approximately 35 m of which seven metres was above the oil water contact.

The appraisal well will now be sidetracked to obtain further reservoir information. The sidetrack will be completed by mid September. The well was drilled to a total depth of 2500 me MD and in a water depth of 113 m.

Ashley Heppenstall, President and CEO of Lundin Petroleum commented, "The second Avaldsnes appraisal well results have confirmed the extension of the field to the south. We will, following the sidetrack, incorporate the results of the two well appraisal programme and Statoil's Aldous Major South well in PL265 into our geotechnical models. We will then release a revised resource range from the previously announced 100 - 400 million barrels of recoverable of oil equivalent contained within PL501.”

The operator has already called the Avaldsnes /Aldous Major South discovery the largest discovery on the Norwegian Continental Shelf since the mid 1980s. The operator is planning to drill a third appraisal well on Avaldsnes during the fourth quarter of 2011.

Lundin Norway AS is the operator of PL501 with a 40% interest. Partners are Statoil Petroleum AS with 40% interest and Maersk Oil Norway with 20% interest.

Read the article online at: https://www.oilfieldtechnology.com/exploration/01092011/lundin_confirms_extension_of_avaldsnes_field/

 

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