Project Profile
Location: Block 16/1, Offshore Norway
Value: $ 3,400 Million
Water depth: 364 feet
The Tellus Prospect is situated immediately to the north of the Luno field. Lundin estimates the prospect contains 40 million barrels of oil, which could potentially prove additional volumes to the Luno development. The Tellus discovery is believed to be a northern extension of the Luno field.
Operators:
Lundin Petroleum - 50 % interest
Wintershall – 30% interest
RWE Dea – 20% interest