Real-time production data to be shared between Edvard Grieg and Ivar Aasen
The trend has been for operating companies on the Norwegian Shelf to share a minimal amount of data. Until now. Lundin Norway and AkerBP will be sharing real-time production data from the Edvard Grieg and Ivar Aasen platforms between the companies. This will generate positive effects for both.
Successful appraisal well and extended production test on Alta
Lundin Norway, operator of production licence 609, and its partners have just completed a successful appraisal well and production test on the Alta discovery on the Loppa High in the southern Barents Sea.
Successful well test on Rolvsnes opens up a larger potential
Lundin Norway has conducted a successful well test over a ten-day period on Rolvsnes in the North Sea. The test confirms a completely new exploration concept on the shelf, and shows that we can produce oil and gas from fractured and weathered basement rocks.
Lundin Norway is acquiring an unprecedented volume of environmental data from the seabed in connection with exploration drilling in the Barents Sea. The information that has been collected indicates that there is no negative impact on the ecosystems from the drilling activity.
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.
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.