Dry well at Luno HighSwedish oil company Lundin's exploration at the Luno High prospect in the North Sea, but the well turned out dry. February 4th, Lundin spudded exploration well 16/4-5 in search of oil in license 316 DS, 40 kilometres northeast of Sleipner. The Norwegian Oil Directorate reports that the company found oil traces in cracks in the reservoir. But even though Lundin did not succeed in this well, the company still believes in the potential of finding additional resources in the area. Lundin has been granted another license close by Luno High. The prospect in the license is called Avaldsnes, and Lundin will start exploration for petroleum in this year's third quarter. The rig "Transocean Winner" will be towed further on to the Talisman's Aubrey prospect near Yme. |
Write your comment
More headlines
Statoil wants improved quality
Statoil is planning to invest several billion NOK in their onshore facilities the next years. If Norwegian suppliers want a piece of the contracts, the quality must improve, Statoil warns.
» Read more » Contracts & Agreements
Macondo well no longer a threat
American authorities have declared BP's Macondo well in the Gulf of Mexico as safe. Simultaneously, the company's expenses in regards to the oil spill recovery total eight billion USD.
» Read more » World News
Transocean leaders accused of bullying
Offshore managers at drilling giant Transocean UK have been accused of bullying, aggression, harassment, humiliation and intimidation in a report by the UK safety regulator.
» Read more » Companies, people & positions
Getting ready for Dalsnuten
After disappointing results on Gro, Shell is making the drilling unit "Aker Barents" ready for exploration drilling on Dalsnuten.
» Read more » Norwegian Sector
