Project Profile
Value: Undisclosed
Location: Block 6201/11 North Sea
Water Depth: 383 m/ 1,264 ft
The Albert prospect is situated on Block 6201/11 in Production License 519 in the Norwegian sector of the North Sea. The water depth of the site is 1,257 feet (383 metres). Lundin operates the license with a 40% interest; while Spring Energy holds 20%; Noreco holds 20%; and Bayerngas holds 20%.
Lundin plans to spud the Albert prospect in 1Q12. The operator will use the Bredford Dolphin (mid-water semisub) to perform drilling operations. The well is targeting a major fault bound north of the Tampen Spur hydrocarbon province.
Operators:
Lundin: Operator with 40% interest
Spring Energy: 20% interest
Noreco: 20% interest
Bayerngas: 20% interest
Contractors:
Fred.Olsen Energy ASA: Drilling rig