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Lundin makes oil discovery in the North Sea Goddo prospect

19/08/2019
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Lundin Petroleum AB have announced an oil discovery at its wildcat exploration well 16/5-8s in the Goddo prospect in the Norwegian sector of the North Sea, approximately 14km south of the Edvard Grieg field and 295km west of Stavanger.

The discovery was small but showed clear upside potential in the larger Goddo area and surrounding prospective basement.

Lundin's Leiv Erikksson semi-submersible rig was used to drill the wildcat well in the Goddo prospect
(Image via Lundin Petroleum AB)

The primary exploration target was to prove petroleum in fractured and weathered granitic basement rock and verify pressure communication with the 16/1-12 (Rolvsnes) oil discovery. The well was drilled to a depth of 2443 metres, 2068 metres below the sea surface, terminated in the granitic basement rock.

The well hit a 20m potential oil column in fractured, weathered basement rock with poor reservoir quality. It’s estimated that the discovery holds between 0.2 and 1.6 million Sm3 recoverable oil.

“The licensees’ assessment is that there is an additional upside potential in the license area, and they will consider further delineation of the discovery after implementing the planned long-term test of the 16/1-12 (Rolvsnes) oil discovery. The well was not formation-tested, but extensive volumes of data have been collected and samples have been taken,” a report from the Norwegian Petroleum Directorate said.

Lundin released a statement saying: 

“The preliminary gross resources from this well are estimated to be between 1 and 10 million barrels of oil equivalent (MMboe), however there is clear upside potential in the larger Goddo area and surrounding prospective basement.

“The forward appraisal and commercialization strategy for the Utsira High basement play will be based on evaluation of the production performance from the Rolvsnes extended well test where production is set to commence in mid-2021, as well as the information collected at Goddo and surrounding well data. Two horizontal wells in the northern part of the Edvard Grieg field already have production contribution from basement, and the Tellus East discovery announced earlier this year has similar reservoir to Rolvsnes and Goddo and will be produced as part of a future Edvard Grieg infill program.”

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Lundin makes oil discovery in the North Sea Goddo prospect - Time to read 2 min
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