Lundin

Lundin has discovered oil at the 16/1‑25 S well in production license area PL338C in the central North Sea area of the Norwegian Continental Shelf. A well test achieved production of 265 B/D through a 36/64‑in. choke. A gross oil column of 98 ft was identified along with a petroleum system that data indicate is in communication with the company’s 2009 Edvard Grieg South discovery. Additional studies of the latest find will be needed. The license operator, Lundin has a 50% interest in the well with the other interests held by Lime Petroleum (30%) and OMV (20%).


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