Project Profile
Location: 180 km west of Florø and approx. 40 km northwest of the Snorre field
Reserves: 74 million barrels of oil equivalent (unrisked and gross)
Start-up year: -
Lundin was awarded PL579 Norwegian Sea license in the 2010 Norwegian Licensing Round. The awarded licenses include two licenses in the Greater Luno Area, one license in the Greater Alvheim Area, five licenses in the North Sea and One license in the Norwegian Sea. Six of the awarded licenses will be operated by Lundin Petroleum.
Morkel Prospect
Well 33/2-2S tested the hydrocarbon potential and reservoir properties of the Pre-Cretaceous section on the eastern flank of the Mackerel Horst. The well encountered oil in sandstones in a 173 metre gross reservoir interval which is interpreted to be Triassic age Lunde Formation with low reservoir quality and poor production characteristics. The well was plugged and abandoned as an uncommercial oil discovery.
Operators:
Lundin Petroleum: Operator with 50% interest
Bayerngas Norge: 30% interest
Fortis Petroleum Norway: 20% interest