Reservoir at Edvard Grieg created by major floods
200 million years ago, the area where the Edvard Grieg field is located today was a barren desert landscape. Several major floods carried enormous volumes of mass down the hillsides and created an alluvial fan deposit in the valley. The result of the flood destruction became a good conglomerate oil reservoir.
Development drilling programme on Edvard Grieg successfully completed
The development drilling programme, consisting of 14 wells, has been successfully completed on the Edvard Grieg field in the North Sea. All wells are delivering in line with expectations or better.
Profitable exploration on the Norwegian shelf
The Norwegian Petroleum Directorate (NPD) presented the 2018 Resource Report this week. It shows that there still are plenty of resources to explore for on the Norwegian shelf. And the exploration is profitable.
Lundin's production set to double with Johan Sverdrup
Lundin Norway will double current production levels thanks to the Johan Sverdrup development. “This field alone will lay the foundation for our strong production growth for the coming years,” says Managing Director Kristin Færøvik.