Sweden-based Lundin Petroleum made a minor gas find Thursday at its wildcat well 26/10-1 in the Norwegian North Sea.
The well, located in production licence 674 BS, was drilled 20 miles northeast of the discovery well, 16/2-6, on Johan Sverdrup in the central North Sea.
The purpose of the well was to prove petroleum in reservoir rocks in the Utsira formation.
The well encountered a 78 foot total gas column in the Utsira formation with “excellent” reservoir quality.
Wildcat well 26/10-1 was not formation tested, but data acquisition and sampling have been carried out.
Preliminary calculations place the size of the discovery at between 1.5 and 4 billion standard cubic meters of recoverable oil equivalents.
Wildcat well 26/10-1 is the first exploration well in production licence 674 BS and was drilled by the Island Innovator.
The well was drilled to a vertical depth of 3,264 feet below the sea surface in water depths of 459 feet and was terminated in the Hordaland group.
The well will now be permanently plugged and abandoned.
Lundin fully owns and operates production licence 674 BS.