Project Profile
Location: 150 km west of Florø on the Norwegian west coast
Prospective resources: 57 million barrels of oil equivalent (gross, unrisked)
Licence Expiry Date: February 3rd 2016
The Vollgrav South prospect in PL631 is located 150 km west of Florø on the Norwegian west coast and between the giant Gullfaks and Statfjord fields. The main objective of well 33/12-10 S is to test the reservoir properties and hydrocarbon potential of the Upper Jurassic Sandstones equivalent to the reservoir in the Borg Field (which forms part of the Tordis Field discovered by Saga Petroleum 20 km further north in 1992). It is estimated that the Vollgrav South prospect has the potential to contain unrisked, gross prospective resources of 57 million barrels of oil equivalent (MMboe).
The planned total depth is 3,050 metres below mean sea level and the well will be drilled using the drilling rig Bredford Dolphin. Drilling is expected to take approximately 55 days.
Operators:
Lundin Norway: Operator 60 % interest
Bayerngas Norge: 30 % interest
Fortis Petroleum Norway: 10 % interest
Contractors:
Dolphin Drilling: Drilling services contract