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The Island Innovator drilling rig. Image courtesy of Offshore Energy Today.

Lundin Petroleum discovered a “very good” gas reservoir at its wildcat well 26/10-1 Friday in the offshore Norway Zulu prospect.

Sweden-based Lundin, through its wholly owned subsidiary Lundin Norway, drilled well 26/10-1 to test the hydrocarbon potential in the Miocene Utsira Formation sand at Zulu.

The well, located in license PL674BS, encountered Utsira Formation sand with “very good reservoir” quality, Lundin said.

Well 26/10-1 was drilled to a total depth of 3,264 feet subsea and encountered gas in an upper 78 foot sand sequence.

Pressure measurements imply a gas column of 118 feet at the well.

Thorough logging and sampling has been performed.

Fluid data will be analysed and detailed mapping performed for resource potential evaluation.

The well is being plugged and abandoned as a gas discovery.

Well 26/10-1 was drilled by the Island Innovator rig 62 miles west of Stavanger on the Norwegian west coast and 18 miles northeast of the Johan Sverdrup discovery.

The well was drilled in water depths of 459 feet on the Patch Bank Ridge and terminated in sediments of presumed Oligocene age Hordaland Group.

Well 26/10-1 is the first exploration well in licence PL674BS.

Lundin Norway operates the well with a 35 percent working interest.

Quebec-based Petrolia Norway holds a 35 percent working interest and Germany-based E.ON E&P Norge holds a 30 percent working interest.