Statoil Receives Approval for Utgard & Byrding Developments

Source: www.gulfoilandgas.com 1/17/2017, Location: Europe

The plan for development and operation for the Utgard and Byrding fields in the North Sea has been approved by the authorities. Utgard is a gas and condensate field on Norwegian and UK continental shelf while Byrding is an oil and gas field north of the Troll field.

“I’m pleased that the plan for development and operation of Utgard and Byrding now has been approved. These projects will give valuable new volumes to the Sleipner and Troll field. Efficient utilization of existing infrastructure contributes to reducing the costs and make these developments profitable,” says Torger R?d, senior vice president for Project Development in Statoil.

Capital expenditures for Utgard are projected at about NOK 3,5 billion while for Byrding the capex is estimated to near NOK 1 billion.

Utgard:

Recoverable volumes are estimated at 56 million barrels of oil equivalents. Utgard was discovered in 1982 and is located 21 kilometers from the Sleipner field. The discovery has been considered for development on several occasions in the past. Utgard straddles the UK-Norway median line, with the majority of the reserves being located on the Norwegian side.

The field development includes two wells in a standard subsea concept, with one drilling target on each side of the median line. The installations and infrastructure will be located in the Norwegian sector. The gas in Utgard has a high CO2 content, and will benefit from carbon cleaning and storage facilities at Sleipner.

Byrding:

Recoverable volumes are projected at approximately 11 million barrels of oil equivalent. The Byrding development includes a duo-lateral well drilled from the existing Fram H-Nord subsea template through which oil and gas from Byrding will flow to Troll C. The duo-lateral well to be drilled is approimately seven kilometers long, the first kilometers being shared by the two laterals.


United States >>  5/17/2022 - TotalEnergies, through its affiliate TotalEnergies E&P USA, Inc., announces the sanction of the Ballymore development, located 120 kilometers off the ...
Nigeria >>  5/10/2022 - San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, notes the announcement made yesterday by Dec...

Norway >>  5/9/2022 - ConocoPhillips Skandinavia AS, operator of the Greater Ekofisk Area together with our license partners, submitted a plan for development and operation...
United States >>  5/4/2022 - Williams has secured another tieback to Discovery’s Keathley Canyon Connector (KCC) pipeline, providing deepwater natural gas infrastructure services ...

Norway >>  5/3/2022 - The Petroleum Safety Authority Norway (PSA) has carried out an audit of Equinor’s management and execution of manned underwater operations for the Joh...
China >>  4/11/2022 - Horizon is pleased to advise that, following the successful installation, hook-up and commissioning of facilities for the WZ12-8 East Project, first p...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 


Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.