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.
The desert dunes of the North Sea
Rocks formed from desert dunes could become some of the best oil reservoirs. Edvard Grieg is the only field on the Norwegian shelf where large parts of the reservoir consist of this type of sandstone. Now we have discovered even more of this type of reservoir in Luno II.
Testing a new reservoir type in the southern Barents Sea
Lundin Norway has started drilling operations for an extended well test on the Alta discovery in the southern Barents Sea - testing a completely new type of oil reservoir on the Norwegian shelf, consisting of karstified carbonates. A successful outcome will provide important information to progress field development planning and could significantly increase the resource potential in the Barents Sea.
New licences for Lundin in the 24th licensing round
Lundin Norway was awarded 3 new licences in the 24th licensing round. The licence awards strengthen the company’s position in core areas of the southern Barents Sea.