Lundin Petroleum AB Issues drilling update
- Announces that the Johan Sverdrup appraisal wells 16/3-8 S and 16/3-8 S T2, located in the eastern part of PL501, have been successfully completed.
- The well 16/3-8 S encountered an oil filled reservoir consisting of 13 metres of late Jurassic Draupne sandstone with excellent reservoir quality and a very high net to gross ratio. A production test (DST) has been performed in this interval and flowed at a rate of 4,900 bbl/d of oil through a 52/64" choke. The pressure data information has proven exceptional production properties and lateral extension over an extensive area of the Avaldsnes High location. The DST showed that some of the best reservoir quality is found in the central area of the Avaldsnes High with an exceptionally high permeabilty of 65 Darcy and no flow restrictions within 3 to 4 km of radius of investigation. This is the 5th well that has been production tested (DST) in PL501 and the investigated area now covers a majority of the Avaldsnes High area.
- The well 16/3-8 S also encountered 67 metres of Zechstein carbonates with variable, but mostly tight, reservoir quality with oil shows. The oil water contact is interpreted at 1,925 metres below mean sea level (MSL) with oil sampled at 1,924.5 metres below MSL.