Lundin Petroleum

Well 16/2-20S explored the Torvastad prospect located in PL501 in the Norwegian North Sea. The well, drilled to a total depth of 2070 m, encountered a Lower Cretaceous/Upper Jurassic sequence with poor reservoir properties of approximately 78 ft above a water-bearing Upper Jurassic Draupne sandstone sequence of approximately 33 ft of excellent quality in a 46-ft gross sequence. Lundin Petroleum (40%) operates PL501 with partners Statoil (40%) and Maersk Oil Norway (20%).


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