Prospect & Investment Decision Evaluation

Prospect & Investment Decision Evaluation

Integrated Asset Management

Integrated Asset Management

COLOSSUS GROUP Team of experts are ready to assist your asset team(s) implement your field management vision from concept to optimization.
Digital Oil Field

Digital Oil Field

Digital Oil Field technology offers an option worth considering, or reconsidering, as a means to move toward corporate business goals in 2019 and beyond. Digital Oi Field programs have become mature enough to be modularized.
Acquisitions & Divestitures

Acquisitions & Divestitures

CGC assembles the best technology, product and people

to give petroleum companies the effective and profitable solutions for their E&P challenges.
How we are different

Over 14 Years of Experience in E&P, A&D, Enterprise Solution Consulting, Research, Training & Development

Out team of experts look forward to working with you in 2019 and beyond

Star InactiveStar InactiveStar InactiveStar InactiveStar Inactive
 

Swedish company Lundin Petroleum has been granted a drilling permit to spud an exploration well on the Jorvik and Tellus East prospects off Norway.

The Norwegian Petroleum Directorate (NPD) confirmed Tuesday it had granted the permit to drill the 16/1-31 S well in production licence 338.

The well will be drilled using the semi-submersible Leif Eiriksson once it wraps up drilling of the 7121/1-2 S well on Lundin's Setter-Pointer prospect in the Barents Sea.

The Jorvik and Tellus East prospects lie about four kilometres from the Edvard Grieg platform in the prospective Utsira High area of the central North Sea.

Approval from the NPD do drill the prospects comes after Lundin last week received clearance for the drilling campaign from the Petroleum Safety Authority.

The drilling work will be carried out in a water depth of 111 metres and is due to start in February, with an estimated duration of 83 days.

 

Lundin operates PL 338 with a 65% interest and is partnered by OMV on 20% and Wintershall with 15%.

blog comments powered by Disqus

Mission Statement

CGC assembles the best technology, product and people to give petroleum companies the effective and profitable solutions for their E&P challenges.

Alberto Weissman

CTO, CGC

Frequently Asked Question

We believe there’s more to achieving an economic shale development than simply finding the sweet spot and unlocking it cost effectively.

Happy Clients