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15/02/2008 Press Release 12/2008:Lundin Norway AS, operator of production licence 148, has concluded drilling of appraisal well 7/4-2 on the 7/7-2 discovery.

In 1992, well 7/7-2 proved more than 3 million Sm3 of oil in the Ula formation in the Upper Jurassic. The oil discovery is located approx. 50 km north-west of the Ula field in the southern part of the North Sea.

The exploration target for the well was to appraise the 7/7-2-discovery. The well confirmed the extent of the discovery.

The appraisal well indicates that the size of the discovery is probably within the range of 3 – 5 million Sm3 of recoverable oil. The results are interesting with regard to further development of the oil discovery.

The well was not formation-tested, but extensive data collection and sampling were performed, including fluid samples.

This is the sixth exploration well in production licence 148, which was awarded in the 12th licensing round in 1988.

The appraisal well was drilled to a vertical depth of 3416 metres below the sea surface, and was concluded in the Permian Zechstein group.

Water depth at the site was 82 metres. The well will be plugged and abandoned.

The well was drilled using the jack-up drilling facility Mærsk Giant, which will now proceed to production licence 271 in the North Sea to drill wildcat well 7/1-2 for StatoilHydro.

The licensees in production licence 148.
-  Norwegian Energy Company ASA: 20%
-  Talisman Energy Norge AS: 30%
-  Lundin Norway AS: 50%


Contact in the NPD:
Eldbjørg Waage Melberg, tel.: +47 51 87 61 00.



Updated: 04/09/2009