Lundin Petroleum, a Swedish independent oil and gas exploration and production company says that its net working interest production forecast for 2012 is between 32,000 and 38,000 barrels of oil equivalent per day (boepd). The company’s production for 2011 is forecast at approximately 33,200 boepd which is at the upper end of the previous guidance of [...]
The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 16/2-11, cf. Section 8 of the Resource Management Regulations. Well 16/2-11 will be drilled from the Bredford Dolphin drilling facility at position 58°48’13.06’’N 02°33’19.92’’E following completion of drilling of wildcat well 16/5-2 for Lundin Norway AS in production licence 501. The [...]
January 20, 2012 | Posted in
Company News,
Europe & Eurasia,
Featured,
News,
NEWS BY TOPIC,
News Categories,
Press releases,
REGIONAL NEWS,
Research & Development,
Top Stories |
Read More »
Minister of Petroleum and Energy Ola Borten Moe received the Plans for development and operation (PDO) for the oil and gas discoveries Hild and Luno Thursday. Total is the operator of the Hild development, and Lundin is the operator of Luno. – Through these developments, two new companies will become operators of independent fields and [...]
Lundin Norway AS has awarded Kvaerner an EPC contract of approximately NOK 1.1 billion (USD 185,3 million) for delivery of a steel jacket to be located at the Luno field, production license PL338, offshore the Norwegian North Sea. “Jacket structures are core business for Kvaerner and I am very pleased that we have won this [...]
January 19, 2012 | Posted in
Company News,
Contracts & Tenders,
Europe & Eurasia,
Featured,
News,
NEWS BY TOPIC,
News Categories,
Press releases,
REGIONAL NEWS,
Research & Development,
Top Stories |
Read More »
Lundin Petroleum has, with its partners Wintershall Norge ASA (Wintershall) and RWE Dea Norge AS (RWE Dea), submitted a plan for development and operation (PDO) for the Luno field to the Norwegian Ministry of Petroleum and Energy (the Ministry). Lundin Petroleum is in ongoing negotiations with Det norske Oljeselskap ASA, operator of license PL001B, in [...]
January 19, 2012 | Posted in
Company News,
Europe & Eurasia,
Featured,
Headlines,
News,
NEWS BY TOPIC,
News Categories,
Press releases,
REGIONAL NEWS,
Research & Development |
Read More »
A Swedish independent oil and gas exploration and production company, Lundin Petroleum announced the successful results of Bertam-2 appraisal well in the PM307 Production Sharing Contract (PSC) area, offshore Peninsular Malaysia. Bertam-2 was drilled to a total depth of 1,884 metres by the jack-up rig “Offshore Courageous”, owned by Seadrill. The objectives of the well [...]
January 19, 2012 | Posted in
Company News,
Featured,
News,
NEWS BY TOPIC,
News Categories,
Press releases,
REGIONAL NEWS,
Research & Development,
South & Central Asia,
Top Stories |
Read More »
Lundin Petroleum has been awarded 10 exploration licence interests in the 2011 Norwegian Licensing Round, (Awards in Predefined Areas, APA). Minister of Petroleum and Energy Ola Borten Moe described APA 2011 as the most extensive licensing round ever undertaken on the Norwegian continental shelf. The awarded licences include one licence in the Greater Luno Area and [...]
Lundin Petroleum Norway, as operator for PL501, has completed the appraisal well, 16/5-2S located approximately 8.5 km south of the Avaldsnes discovery well 16/2-6, and 4 km south of the appraisal well 16/2-7. The objective of the 16/5-2S well was to delineate the southern flank of the Avaldsnes discovery. Well 16/5-2S encountered a 15 metres [...]
January 16, 2012 | Posted in
Company News,
Europe & Eurasia,
Featured,
News,
NEWS BY TOPIC,
News Categories,
Press releases,
REGIONAL NEWS,
Research & Development,
Top Stories |
Read More »
Lundin Petroleum AB announced that as at 31 December 2011 its net proven and probable working interest reserves are 210.7 million barrels of oil equivalent (MMboe) which equates to a 21 percent increase to reserves and a reserve replacement ratio of 264 percent, when compared to 31 December 2010. The reserves were calculated using an [...]
Lundin Petroleum AB (Lundin Petroleum) announces the completion of the Makouala Marine-1 well in Block Marine XIV, offshore Congo (Brazzaville). The Makouala Marine-1 well, in Block Marine XIV offshore Congo (Brazzaville), has encountered limited oil bearing pay in the target Sendji formation reservoirs. Operator, Soco Exploration and Production Congo said tha analysis of the wireline [...]
December 23, 2011 | Posted in
Africa,
Also in the News,
Company News,
Featured,
News,
NEWS BY TOPIC,
News Categories,
Press releases,
REGIONAL NEWS,
Research & Development |
Read More »
