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Exploration • Drilling • Field Services


From the North Sea to South America, oil and gas exploration companies are having success with new wells. Which is also good news for their associated suppliers. Eugene McCarthy reports.


Desde el mar del Norte hasta Sudamérica, las compañías de prospección de petróleo y gas están teniendo éxito con nuevos pozos, hecho que también beneficia a los proveedores asociados. Informe de Eugene McCarthy.


Von der Nordsee bis Südamerika sind Öl- und Gasförderunternehmen mit neuen Bohrlöchern erfolgreich. Dies sind auch gute Neuigkeiten für ihre verbundenen Lieferanten. Eugene McCarthy berichtet.


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Discoveries boost well resource estimates


undin Petroleum has announced that following the drilling of appraisal well 16/2-10 located in the Norwegian North Sea the operator of PL265, Statoil


ASA, has made a material increase to the resource estimates for the Aldous Major South discovery. Te Aldous Major South and Avaldsnes discoveries located in PL501 are one large connected discovery. Following analysis of the data from the appraisal well, the gross contingent recoverable resources of the Aldous Major South discovery located in PL265 have increased from a range of 400-800 million barrels of oil to 900-1.5 billion barrels of oil. Te gross oil column in the appraisal well is approximately 60metres with high net to gross and with excellent reservoir characteristics. Lundin has previously announced a


range of gross recoverable contingent resources for the Avladsnes discovery located in PL501 of between 800 and 1800 million barrels of oil. Te Avaldsnes/Aldous Major South discovery is therefore now estimated to contain gross recoverable contingent resources of 1.7-3.3 billion barrels which is one of the largest discoveries on the Norwegian continental shelf. Lundin is a partner with a 10 per cent


interest in PL265. Statoil ASA is the operator with 40 per cent, Petoro has 30 per cent and Det Norske Oljeselskap has 20 per cent interest. Lundin is the operator of PL501 with a 40 per cent interest. Partners are Statoil Petroleum with a 40 per cent interest and Maersk Oil Norway with 20 per cent interest. Lundin has also announced through its wholly owned subsidiary Lundin Norway


Fig. 1. BP and Anadarko have settled claims between them relating to the Deepwater Horizon disaster.


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