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Norway: Lime Petroleum participates in Aker BP - operated North Sea exploration well

12 Jan 2023

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Lime Petroleum has announced that the operator, Aker BP, has started drilling an exploration well in the North Sea licence PL867/B on 11 January 2023. Lime has a 20 per cent interest in the licence. The well targets the Gjegnalunden prospect in the prolific Hugin reservoir.

Mr Lars Hübert,Chief Executive Officer of Lime, said: 'Lime has been active in this part of the North Sea for a long time, and we are very excited about the spud of the Gjegnalunden well.  A discovery on Gjegnalunden can readily be developed and tied to nearby fields. It will also support prospectivity in the neighbouring licence PL818 Orkja, where Lime holds a 30% stake.'

The licence PL867 is located on the Gudrun Terrace in the Central North Sea. Drilling will be conducted in water depths of 116 metres using Saipem’s Scarabeo 8 semi-submersible rig and is expected to take 27 days.

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Source: Lime Petroleum

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