Project Profile
Value: Undisclosed
Location: Norway (Norwegian Sea Area)
Reserves: 116 MMboe
Depth: 3,305 m
The prospect is located in a relatively unexplored part of the Møre basin, east of the giant Ormen Lange gas field. Lindarormen is a four way-dip closure in Paleocene Egga sandstone reservoir with reservoir presence being the main risk. Oil was expected at the hydrocarbon phase. The main objective of well 6405/12-1 was to test the reservoir properties and hydrocarbon potential of the Paleocene sandstones in the Rås Basin. No reservoir sandstones were encountered in the primary objective. Shaly sandstones with poor reservoir quality but with high gas readings were encountered in the Late Cretaceous Shetland Group. The well is now being plugged and abandoned as a dry hole.
Operators:
Lundin Petroleum: Operator with 60% interest
Bayerngas: with 40% interest