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prospect

Oil & Gas

Ophir Energy comes up dry at Soy Siam prospect

Ophir Energy has completed operations on a wildcat exploration well on the Soy Siam prospect after it came up dry. The company said well reached a total depth of 1,627metres and encountered primary Miocene reservoir targets on prognosis in terms of quality and depth. However all reservoirs were dry and no hydrocarbons were encountered and the well has since been plugged and abandoned.

Oil & Gas

Lundin makes oil discovery on Luno II prospect

Lundin Petroleum has made an oil discovery on the Luno II prospect in the Norwegian North Sea. The company said the find had been made in the exploration well 16/4-9 S located in a separate sub-basin. The well is located on the southwestern flank of the Utsira High approximately 15km south of the Lundin Petroleum operated Edvard Greig field.