DNO Norge AS will drill the Lotus (Kjøttkake) exploration well in production license (PL) 1182S, 4 km southeast of the recent Kveikje discovery in the Norwegian North Sea, according to a May 30 release by partner Longboat Energy PLC.
The license comprises Paleocene injectite sandstones, characterized by excellent reservoir properties, and is supported by seismic amplitudes. Longboat's Lotus prospect has been named Kjøttkake by DNO Norge and will be drilled using the semi-submersible Deepsea Yantai. It is expected to spud during third-quarter 2024.
If successful, Lotus is likely to form part of an area cluster development together with Kveikje and several other recent discoveries in the area through infrastructure associated with nearby Troll field, the company indicated.
Lotus contains gross mean prospective resources of 27 MMboe with further potential upside estimated by Longboat of 44 MMboe. The chance of success is 56% with the key risk being hydrocarbon retention.
DNO Norge AS is operator at PL 1182S (40%) with partners Longboat Energy (30%) and Aker BP ASA (30%).
