Following Luno oil discovery made in 2007 and subsequent appraisal well drilled in 2008/2009, this new well will target the hydrocarbon potential of sandstones of Middle and Upper Jurassic age in a separate prospect in the south of the same license block with gross potential, unrisked, recoverable resources of 240 million barrels of oil equivalent (MMboe).
The planned depth is about 2,300 meters below mean sea level. The well will be drilled from the semi-submersible drilling rig Songa Dee. Drilling is expected to take about 55 days, excluding possible testing.
Lundin Petroleum is the operator of PL338 with 50% interest. Partners are Wintershall Norge ASA with 30% and RWE Dea Norge AS with 20% interest.
