Lundin Norge has completed the drilling of its second appraisal well south of the Edvard Grieg field in the Central North Sea.
The firm today confirmed the discovery yielded between four and 19 million standard cubic meters (Sm3) of recoverable oil.
The discovery makes for back-to-back finds for the firm under licence 359.
Earlier this week, the firm’s managing director Torstein Sanness sat down with Energy Voice.
He revealed the company had no plans of slowing down despite an industry-wide spending pinch and was instead on the exploration offensive.
Lundin’s latest well encountered a total oil column about 30 metres below a very thin gas zone in Jurassic and Triassic reservoir rocks, of which about 15 metres had very good properties.
Actual recoverable oil equivalents were estimated to be between four and 11 million Sm3.
The well was drilled by the Bredford Dolphin drilling facility, which is now on route to the northern North Sea to drill a separate wildcat well for the firm.