Lundin Petroleum has proven and probable reserves of 256 million barrels of oil equivalent. To secure future growth we aim to advance our pipeline of developments to production and continue to actively explore and drill for new resources.
LUNDIN PETROLEUM’S ASSET PORTFOLIO
RW AY NO -N RW em o AY -K ra bb e
Lundin Petroleum has a balanced and exciting portfolio of assets throughout the exploration - development - production cycle.
» Operations in 11 countries focused on 3 core areas - Europe - Russia - South East Asia » 119 licences held - 73 exploration - 46 production » Operator of 67 licences » 64 producing fields » Reserves: 256 MMboe » Contingent resources: 285 MMboe » Unrisked prospective resources: 1,736 MMboe
NI TU SIA
WAY - SE T or
RUS SIA Mor a skay
R NO Y WA
n Lu o
E X PL
NOR WAY - Vo IND lund ON ESI NO ARW Sin ga AY -A lv he im
n ND a S - Ko NESI m A-S alaw i atis FRANCE - Paris B asin FRANCE - Aquitaine
O DUC TION
oom - Br UK histle UK - T er UK - Heath
Lundin Petroleum AB was formed in 2001 as a result of the takeover of Lundin Oil by Talisman Energy. Lundin Petroleum acquired Coparex International with a portfolio of assets in France, Tunisia, Indonesia, Netherlands and Venezuela. A portfolio of assets in the United Kingdom, Norway and Ireland were acquired from DNO. The Broom field in the United Kingdom was put on stream with gross production in excess of 25,000 boepd. Broom phase 2 development successfully completed.
The Oudna field in Tunisia was successfully completed and came on stream in November with gross production in excess of 20,000 boepd.
The Luno discovery was made in Norway with estimated gross resources in the range of 65–190 MMboe.
First oil was produced from the Alvheim field in Norway. A major discovery was made on the Morskaya prospect in the Caspian Sea, Russia
Three discoveries made in Norway; Viper, South Kneler and Marihøne A
Lundin Petroleum spinsoff its UK business into a newly formed company, EnQuest.