Lundin finds Luno oil extension in Norwegian North Sea

Lundin Petroleum found a gross 40 m oil-bearing column within a fractured basement on the Luno extension prospect in the Greater Luno Area of the Norwegian North Sea.
The complex reservoir requires further analysis to determine the resource potential and commerciality. Luno extension lies on Block 16/1, and is south of the Luno discovery made on the PL 338 license in 2007.

The company said the exploration well 16/1-12 did not encounter the same pre-Cretaceous reservoir of the Luno discovery.
"An extensive data acquisition program was carried out on this well, including coring and several mini drill-stem tests with the successful recovery of hydrocarbon samples," said Lundin Petroleum. It used the Songa Dee semisubmersible drilling rig to reach a TVD of 2,030 m subsea in 107 m of water.

PL 338 was awarded in the Norwegian North Sea licensing round in 2004. Lundin Petroleum is the operator of PL338 with a 50 % interest with partners Wintershall Norge with 30 % and RWE Dea Norge with 20 % interests.
Ashley Heppenstall, president and chief executive officer of Lundin Petroleum, said it was likely the Luno extension is not connected to the Luno field.