Report summaryThe Luno II Area includes two oil and gas fields: Luno II and Luno II North. The fields are located in the Utsira High area of the Norwegian Sea, approximately 15 kilometres south of the Edvard Grieg field. Luno II was discovered in May 2013 and two appraisal wells have subsequently been drilled leading to a reserve downgrade. Luno II North was discovered in a separate sub-basin northwest of Luno II in August 2015.The development of the Luno II Area has yet to be decided. Initially, ...
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