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Lundin Hits New Discovery at Latest Barents Sea Well
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Lundin Petroleum has completed the Neiden exploration well 7220/6-2R as an oil and gas discovery.
The well is located in PL609 approximately 60 km northeast of the Alta discovery on the Loppa High in the southern Barents Sea.
The main objectives of the well were to prove oil in Triassic sandstone and Permian carbonate reservoirs.
The well encountered a gross 31 metres hydrocarbon column, with 21 metres of oil and 10 metres gas in the Permian target. The total gross resource estimate for the Neiden discovery is between 25 and 60 million barrels of oil equivalents (MMboe).
Extensive data acquisition and sampling was carried out including coring, logging and light oil and gas sampled from the wireline tools. The well demonstrates high quality karstified carbonate reservoir which reduces…
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