Project Profile
Location: Southern Norwegian North Sea
Water Depth: 72 metres
Potential Reserves: 157 million barrels of oil
Licence status: Inactive since March 2014
Exploration start-up: 2013
Ogna prospect is located in PL 453S, which was awarded by the Norwegian Government in February 2008 as part of APA 2007. Ogna is locted in the Norwegian Danish basin approximately 50 kilometres to the east of the main Central Graben area. The closest existing infrastructure is the producing Ula field location approximately 70 kilometres to the southwest. The Ogna prospect is a faulted anticline developed above a salt controlled high. The main target inverval is the Upper and Middle Jurassic sand prone sequence, with secondary targets in the underlying Triassic and the overlying Cretaceous and Palaeocene. Lundin has estimated the chance of success at this prospect at 22%. Due to its shallow water location, should a discovery be made it could be developed as a stand-alone project.
Lundin Petroleum commenced drilling early in 2013 at the Ogna prospect in the southern North Sea after getting the green light from Norway’s safety authority. The Swedish explorer used the jack-up Maersk Guardian to drill the 8/5-1 wildcat in a water depth of 72 metres in Lundin-operated production licence 453S. The probe, targeted potential resources of 157 million barrels of oil equivalent in Jurassic and Triassic formations, was due to be spudded on 13 January 2013 with an estimated duration of 108 days in the event of a discovery and subsequent production test.
Operators:
Lundin: Operator with 35% interest
Noreco: 25% interest
Det norske: 25% interest
VNG: 15% interest
Contractors:
Maersk: Drilling contractor using jack-up Maersk Guardian