Lundin converts North Sea wildcat into appraisal well after sizeable find
Lundin has converted its North Sea wildcat into an appraisal well.
Lundin has converted its North Sea wildcat into an appraisal well.
Lundin Petroleum has commenced drilling of the Imbok-1 exploration well in Blocks SB307 and SB308, offshore East Malaysia.
Lundin Petroleum AB has confirmed first oil from the Edvard Grieg field in the Norwegian North Sea.
The Norwegian Petroleum Directorate has given Lundin Norway the green light for its North Sea wildcat well.
Lundin has plugged and abandoned its Selada-1 exploration well in Malaysia after it proved to be dry.
Lundin Petroleum has commenced drilling the exploration well 7130/4-1 on the Ørnen prospect.
The Norwegian Petroleum Directorate (NPD) has given Lundin Norway the go-ahead to start-up production for its the North Sea’s Edvard Grieg field.
The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 7130/4-1 in the Barents Sea.
Lundin Petroleum has posted dipped third quarter earnings.
Lundin Petroleum has made a small gas discovery offshore Malaysia. The company said its subsidiary, Lundin Malaysia, made the find from the Mengkuang-1 exploration well in license PM307. The well had been targeting hydrocarbons in Miocene-aged sands 75km to the northwest of the Bertam field operated by Lundin Malaysia.
Repsol's latest wildcat well in the Norwegian North Sea has come up dry.
Sweden's Lundin Petroleum has commenced drilling its latest exploration well 200km off the Norwegian coast.
Swedish operator Lundin has identified oil from two new wells in the Norwegian sector of the Arctic.
The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway a drilling permit for well 7220/11-3 A. The well will be drilled from the Island Innovator facility. The drilling programme for well 7220/11-3 A relates to the drilling of an appraisal well in production licence 609.
Lundin Petroleum has moved the offshore installation jacket and topside into place on its Edvard Grieg field. This video shows the installation jacket as it is moved into waters offshore Norway.
ProSafe has won a one-month extension from Lundin Petroleum for the use of its semi-submersible accommodation unit off Norway. The company said the Safe Boreas will be used at the Edvard Greig project in the Norwegian sector of the North Sea.
Lundin Petroleum has made an oil discovery on the Luno II prospect in the Norwegian North Sea. The company said the find had been made in the exploration well 16/4-9 S located in a separate sub-basin. The well is located on the southwestern flank of the Utsira High approximately 15km south of the Lundin Petroleum operated Edvard Greig field.
Lundin has successfully completed the drilling and logging of an appraisal well in the Edvard Grieg field in the Norwegian North Sea.
Lundin Petroleum said a wildcat well off Norway has come up dry. Well 10/4-1 had been drilled in PL734 around 35km from the Yme field in the southern North Sea. The exploration well, which is operated by Wintershall, had been targeting the Zeppelin prospect.
Norwegian oil firm Det Norske said it will appeal a government decision to give it a smaller stake in the Johan Sverdrup oilfield than it had been seeking. The company revealed their plans as it reported lower than expected second quarter earnings for 2015. Det Norske believes it should have been given a larger share than the percentage proposed by operator Statoil of 11.89%.
Lundin Norway has been granted a drilling permit by the NPD (Norwegian Petroleum Directorate) for a fifth exploration well in production licence 609. The company said well 7220/6-2 will be drilled from the Island Innovator facility.
Lundin Petroleum said it was on target to significantly boost its output this year as it posted its first quarter profits. The company said earnings before interest, taxes, depreciation and amortisation (EBITDA) had more than halved to $86million in the quarter from $177million a year previously. Output for the year is expected to be between 41,000 to 51,000 barrels of oil equivalent per day this year.
Swedish producer Lundin Petroleum has said it will be hit with a $204million non-cash foreign exchange loss in its first quarter results. The company has also booked a $45million pre-tax exploration cost. Lundin said whilst neither booking would have an impact on its operating cost or its core earnings, they would have an affect on the company's profitability.
Lundin Petroleum has achieved first oil from the Bertram field in Malaysia. The Swedish explorer said its subsidiary, Lundin Malaysia, has commenced production from four pre-drilled development wells. The remaining production wells will be drilled sequentially and put onstream throughout the rest of the year.
Lundin Petroleum's Gemini exploration well has been completed as a dry hole. The well was drilled about 10km southwest of the Edvard Greig field in central part of the North Sea. The Swedish independent explorer had been targeting the well to prove petroleum in the Lower Paleocene Ty formation reservoir rocks.