Lundin Petroleum News


Lundin Malaysia begins drilling Maligan well

Jan 29, 2016

Lundin Malaysia commenced drilling of the Maligan exploration well in Block SB307/SB308, offshore East Malaysia. The Maligan prospect is in shallow water and lies to the north of a major producing field in offshore East Malaysia. The well will target hydrocarbons in Miocene aged sands…

Lundin spuds Fosen prospect offshore Norway

Jan 25, 2016

Lundin Petroleum has started drilling exploration well 16/4-10 on the Fosen prospect, offshore Norway. The well is about 27km south of the Edvard Grieg field and 11km south of the Luno II discovery. It will explore the Fosen prospect…

Lundin sells Bertam FPSO

Jan 22, 2016

Swedish exploration and production firm Lundin Petroleum is to sell the floating production vessel Bertam to Malaysian state-backed M3nergy for US$265 million. The deal, expected to complete in Q1, is subject to certain completion conditions…

Lundin's Lorry prospect lacks fuel

Jan 20, 2016

Swedish exploration firm Lundin Petroleum's latest exploration well 6407/10-4 on the Lorry prospect in the Norwegian Sea has been classified as dry. The well, in PL700B, on the northern part of the Frøya High in the southern Norwegian Sea has been plugged and abandoned…

Statoil takes nearly 12% stake in Lundin

Jan 14, 2016

Norwegian oil major Statoil has acquired an 11.93% stake in Swedish exploration firm Lundin Petroleum's shares. Statoil says the move increases its indirect exposure to core assets on the Norwegian Continental Shelf (NCS), including the Johan Sverdrup and Edvard Grieg fields…

Lundin in Imbok-1 P&A off Malaysia

Jan 11, 2016

Lundin Petroleum subsidiary Lundin Malaysia has completed the Imbok-1 exploration well offshore East Malaysia. The well, located in Block SB307/308 encountered minor oil shows and was plugged and abandoned. The well was targeting hydrocarbons in Miocene aged sands…

Lundin spuds Bombazon well

Jan 08, 2016

Lundin Petroleum has started drilling the Bambazon exploration well in Block SB307/SB308, offshore East Malaysia. The Bambazon prospect is in shallow water and lies to the north of a major producing field in offshore East Malaysia. The well will target hydrocarbons in Miocene aged sands…

First oil at Edvard Grieg

Nov 30, 2015

First oil started from the Edvard Grieg field in the Norwegian North Sea 28 November 2015. The Edvard Grieg field is part of PL338 on the Utsira High in the North Sea, about 180 km west of Stavanger. The development comprises a steel jacket platform and 22…

Lundin abandons dry Malaysian well

Nov 26, 2015

Lundin Petroleum Selada-1 exploration well in Block PM308A, offshore Malaysia, has been plugged and abandoned after being found to be dry. The well was targeting hydrocarbons in Miocene aged sands about 14km to the south of the Bertam field operated by Lundin Malaysia…

Lundin spuds Barents Ørnen prospect

Nov 24, 2015

Lundin Petroleum has started drilling exploration well 7130/4-1 on the Ørnen (Eagle) prospect. Ørnen is in PL708, on the eastern parts of the Finnmark Platform in the southern Barents Sea. The reservoir is expected to consist of Upper Permian carbonates…

Lundin gets Barents Sea consent

Nov 13, 2015

Image from Lundin Petroleum. Lundin Norway, as operator for production license 708, has received consent to drill exploration well 7130/4-1 in the Barents Sea. Drilling is scheduled to begin in November 2015 and estimated to last 56 days…

Lundin spuds Lorry prospect

Nov 13, 2015

Lundin Norway has commenced drilling of exploration well 6407/10-4 on the Lorry prospect, in the Norwegian Sea.   Image from Lundin Petroleum. Well 6407/10-4 will explore the Lorry prospect in PL700…

Lundin spins Malaysian bit

Nov 09, 2015

Lundin Petroleum has started drilling the Selada-1 exploration well in Block PM308A, offshore Malaysia.  The well will target hydrocarbons in Miocene aged sands and is located 14km to the south of the Bertam field, operated by Lundin…

Weather restrictions halt Barents probe

Nov 06, 2015

Lundin Petroleum has successfully drilled a section of the exploration well 7220/6-2 on the Neiden prospect in PL609, but drilling operations have had to be temporarily suspended due to winter restrictions on the use of the Island Innovator drilling rig in the Barents Sea South…

Lundin in small Malaysian gas find

Oct 26, 2015

Lundin Petroleum's Malaysian subsidiary, Lundin Malaysia, has made a small gas discovery with the Mengkuang-1 exploration well in license PM307, offshore Malaysia. Lundin announced the well had been spud in early October, and the operation…

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