Sweden-based Lundin Petroleum, through its subsidiary Lundin Norway, has commenced the drilling of an exploration well 8/5-1 on Ogna prospect.
The exploration well 8/5-1 in production license PL453S located about 65km from the Ula oil field in the North Sea, offshore Norway, is being drilled to prove hydrocarbons in the Upper to Middle Jurassic reservoirs.
Lundin will drill the well to a planned total depth of 2,444m below mean sea level using the jack-up rig Mærsk Guardian. Drilling of the well is expected to take around 50 days.
According to the estimates of Lundin Petroleum, the Ogna prospect contains unrisked, gross, prospective resources of 156 million barrels of oil equivalent.
Lundin Norway holds 35% working interest in the license and is the operator, whereas its partners Det norske oljeselskap and Noreco each hold 25% interest and VNG owns 15% interest in the well.