Lundin turns up the expectations of the field – Hegnar Online

the Company increases its total resource estimate of 5 million barrels to 743,5 million, writes Stavanger Aftenblad.

In a message explained this with the fact that the two largest fields, the Johan Sverdrup and Edvard Grieg, contain more oil and gas than previously thought. For Johan Sverdrup’s part explained the increase with a better understanding of the reservoir, says the company.

On the Edvard Grieg exploration found more oil than expected in the western part of the field.

96 per cent of the Lundins reserves located on the Norwegian continental shelf, and 93 per cent of this is oil. (©NTB)