Statoil Spuds Well at Aldous Major North Structure

- Statoil Spuds Well at Aldous Major North Structure

Wednesday, August 24, 2011
Lundin Petroleum AB
by SubseaIQ

Lundin announced that drilling of appraisal/exploration well 16/2-9S on the Aldous Major North structure has commenced. The well is located in license PL265 in the Norwegian North Sea.

The Aldous Major North structure is believed to be the north-westerly continuation of the Aldous Major South discovery in PL265 and the Lundin Petroleum operated PL501 Avaldsnes discovery with primary target in sandstone of Upper Jurassic age.

The planned total depth is 2,241 meters below mean sea level. The well will be drilled with the drilling rig Transocean Leader and the duration is expected to be 40 days.

Lundin Petroleum holds 10 percent interest in PL265. Partners are Statoil Petroleum AS (operator) with 40 percent interest, Petoro (30 percent) and Detnorskeoljeselskap ASA (20 percent).

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Statoil Gets Go-Ahead to Drill Aldous Wells

- Statoil Gets Go-Ahead to Drill Aldous Well

Wednesday, July 06, 2011
Det norske oljeselskap ASA

Statoil has as operator of production license 265, received the Petroleum Safety Authority Norway's consent for drilling two exploration wells on the prospects Aldous Major and Aldous North. Det norske has a 20 percent share in the license.

Det norske has expectations for the Aldous wells, as there is a chance that the prospects are an extension of Lundin's major discovery on Avaldsnes in 2010.

There have been several encouraging discoveries in this area in the North Sea.

In PL 265 a promising gas discovery at Ragnarrock was made 2009. In wellbore 16/2-4 Statoil discovered both oil and gas in the license, in 2007.

The wells 16/2-8 and 16/2-9S are two of four planned wells in the area in 2011, to define the discoveries in both PL 265 and Avaldsnes.

Expected start of the first well is in week 28. The second well will be drilled immediately after. The whole operation is expected to take around 75 days. The wells will be drilled by the semisubmersible drilling rig Transocean Leader.

Licensees in production license 265:

• Statoil (operator) 40 percent
• Petoro 30 percent
• Det norske 20 percent
• Lundin 10 percent

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