The well focuses on potential for hydrocarbon in the Vollgrav South prospect in PL631, which is located 150km west of Florø on the Norwegian west coast and between the giant Gullfaks and Statfjord fields.
The well 33/12-10 S also aims to test the reservoir properties and hydrocarbon potential of the Upper Jurassic Sandstones equivalent to the reservoir in the Borg Field.
The Vollgrav South prospect is estimated to have the potential to contain unrisked, gross prospective resources of 57 million barrels of oil equivalent (MMboe).
Scheduled to be drilled to a total depth of 3,050m below mean sea level, the well will be drilled using the drilling rig Bredford Dolphin.
Lundin Norway holds a 60% working interest in PL631, along with its partners Bayerngas Norge, which holds 30% working interest, and Fortis Petroleum Norway, which has a 10% working interest.
