Lundin Petroleum spuds exploration well on Neiden prospect
STOCKHOLM, Sweden -- Lundin Norway, a wholly owned subsidiary of Lundin Petroleum, has started drilling exploration well 7220/6-2 in PL609.
The Neiden prospect, in the Barents Sea, is located in the northern part of PL609, some 60 km northeast of the Alta discovery and approximately 200 km from the Norwegian coastline.
Lundin Petroleum estimates the Neiden prospect to have the potential to contain unrisked, gross prospective resources of 204 MMboe.
The planned total depth is approximately 1,350 m below mean sea level, and the well is being drilled using the Island Innovator semisubmersible. Drilling is expected to take approximately 40 days.
Lundin Norway holds a 40% working interest in PL609. Its partners are DEA Norge AS (30%) and Idemitsu Petroleum Norge AS (30%).
