Lundin Petroleum spudded exploration well 33/2-2S Wednesday in the northern part of the Norwegian North Sea.
The well will investigate the hydrocarbon potential of the Morkel prospect in license PL579, located 111 miles west of Florø on the Norwegian west coast and about 15 miles northwest of the Snorre field.
The main objective of well 33/2-2S is to test the hydrocarbon potential and reservoir properties of the Jurassic section.
Sweden-based Lundin estimates the Morkel prospect holds potential unrisked, gross prospective resources of 74 million barrels of oil equivalent.
Well 33/2-2S will be drilled to a planned total depth of 11,482 feet below mean sea level by the semi-submersible drilling unit Bredford Dolphin.
Drilling is expected to take about 60 days.
Lundin, through its subsidiary Lundin Norway, holds a 50 percent operating stake in PL579.
Germany-based Bayerngas holds a 30 percent working interest and Norway-based Fortis Petroleum holds a 20 percent interest.