Project Profile
Location: Frøya High in the Norwegian Sea, Norway
Reserves: 151 million barrels of oil equivalents
Water Depth: 335 m
Start-up Year: -
The Lorry prospect in PL700, located on the northern part of the Frøya High in the Norwegian Sea, some 17 kilometres northeast of VNG Norge operated Pil and Bue discoveries in the Halten Terrace. The Lorry prospect is estimated to contain gross unrisked prospective resources of 151 million barrels of oil equivalents (MMboe). The planned total depth is approximately 3,104 metres below mean sea level and the well will be drilled with the semi-submersible drilling unit Island Innovator.
Operators:
Lundin Norway: operator with 40% interest
Bayerngas Norge AS: 20% interest
ENGIE E&P Norge AS: 20% interest
VNG Norge AS: 20% interest