Til toppen

2020 set to be an active year of exploration for Lundin

Lundin’s exploration programme for 2020 comprises a total of ten exploration wells spread across the entire Norwegian shelf, in the Barents Sea, Norwegian Sea and North Sea.

Lundin’s exploration budget for the year totals USD 225 million, or around NOK 2 billion.

“This exploration programme demonstrates our confidence that we can still make major, profitable discoveries on the Norwegian Continental Shelf,” says Per Øyvind Seljebotn, Lundin Norway’s Exploration and Reservoir Development Director.

“Nine of the ten wells are entirely new exploration prospects we haven’t drilled before. This makes 2020 a very exciting year for us. Each well is interesting in different ways, which makes it hard to rank them. But of course, a new major discovery in the Barents Sea is at the top of our list. And it would be even more fun if we made a discovery in one of the licences we operate ourselves,” says Per Øyvind Seljebotn.

The wells in Lundin’s exploration programme are distributed across the entire Norwegian shelf.

The following prospects will be drilled in the Barents Sea:

Polmak in licence PL609 (Lundin Norway has a 40% working interest and operatorship)
Bask in licence PL533B (Lundin Norway has a 40% working interest and operatorship)
Schenzhou in licence PL722 (Lundin Norway has a 20% working interest)
Spissa in licence PL960 (Lundin Norway has a 20% working interest)

Norwegian Sea:

Balderbrå (appraisal well) in licence PL894 (Lundin Norway has a 10% working interest)
Melstein in licence PL886 (Lundin Norway has a 60% working interest and operatorship)

North Sea:

Iving in licence PL820S (Lundin Norway has a 40% working interest)
Hasselbaink in licence PL917 (Lundin Norway has a 20% working interest)
Merckx
in licence PL981 (Lundin Norway has a 60% working interest and operatorship)
Dovregubben in licence PL976 (Lundin Norway has a 50% working interest and operatorship)