Norwegian Petroleum Directorate: Preparing revised arrangement for advancement and operation of Gullfaks

Norwegian Petroleum Directorate: Preparing revised arrangement for advancement and operation of Gullfaks

Wednesday, Jul 01, 2015

The Norwegian Petroleum Directorate has gotten a revised arrangement for improvement and operation (PDO) of the Gullfaks field in the North Ocean.

The arrangement addresses further creation from repositories in the primary field and the first period of the advancement of the Shetland and Lista developments. Until 2013, the common comprehension was that store quality in Shetland/Lista was lacking for creating the assets, yet new data has demonstrated that the oil is recoverable in any case.

The arrangement incorporates measures in existing wells keeping in mind the end goal to create the stores in Shetland/Lista. The Gullfaks primary supply has an extensive requirement for new wells and well measures. Since the limit for penetrating and well mediation is shared for the primary supply and Shetland/Lista, it is critical to guarantee sound prioritization of openings and apparatus limit with a specific end goal to expand esteem creation for Gullfaks overall. In a later stage, it will be applicable to penetrate extra wells to Shetland/Lista. No new base will be built.

It is critical for the NPD that the improvement of Shetland/Lista be seen in the setting of the Gullfaks primary repository, since they will be delivered from the same offices. On this premise, the powers asked the Gullfaks licensees in February 2015 to present an altered PDO for the field.

"Advancement of Shetland/Lista will give a positive commitment to oil recuperation on Gullfaks. The NPD has brought up the requirement for a corrected PDO which guarantees far reaching recuperation of hydrocarbons from the Gullfaks field. We are concerned with long haul asset administration, and guaranteeing that prioritization prompts most extreme quality creation," says Ingrid Sølvberg, Chief of Advancement and Operations.

The recoverable saves in Shetland/Lista stage 1 have been evaluated at 2.9 million standard cubic meters of oil reciprocals. Speculations totalling NOK 900 million are anticipated for this stage.

The licensees in the generation permit are Statoil (administrator, 51 for every penny), Petoro (30 for each penny) and OMV (19 for every penny).

For more data, please visit : http://www.npd.n