The North Sea “fast-track” fields Fram H-North and Svalin C have started production, Statoil said in a press release.
Statoil’s fast-track development projects are increasing the company’s and partners’ oil and gas production through a combination of standardized subsea development solutions and use of infrastructure in a manner that helps extend the lifetime of existing fields.
Production startup on Fram H-North and Svalin C marks the eighth and ninth fast-track development projects for Statoil.
Fram H-North is located in the Troll area, and Svalin C is located in the Grane area. Preliminary estimates show that Fram H-North contains about 10 MMboe recoverable, while the corresponding figure for Svalin C is just more than 30 MMboe.
The plan for development and operation (PDO) for Svalin C was submitted in June 2012 and approved by the Norwegian Ministry of Petroleum and Energy in November 2012.
In line with the ministry’s guidelines, Fram H-North was exempt from having to submit a PDO. The investment decision for Fram H-North was made by the partners in the summer of 2012.
Fram H-North is a standard subsea template that can accommodate four wells. It is connected by approximately 5 km (3.1 miles) of pipeline and umbilicals to the existing subsea template on Fram West A2. Svalin C consists of a subsea facility with two wells, about 6 km (3.7 miles) southwest of the Grane platform.
Recommended Reading
Scathing Court Ruling Hits Energy Transfer’s Louisiana Legal Disputes
2024-04-17 - A recent Energy Transfer filing with FERC may signal a change in strategy, an analyst says.
Balticconnector Gas Pipeline Will be in Commercial Use Again April 22, Gasgrid Says
2024-04-17 - The Balticconnector subsea gas link between Estonia and Finland was damaged in October along with three telecoms cables.
Targa Resources Ups Quarterly Dividend by 50% YoY
2024-04-12 - Targa Resource’s board of directors increased the first-quarter 2024 dividend by 50% compared to the same quarter a year ago.
Canada’s First FLNG Project Gets Underway
2024-04-12 - Black & Veatch and Samsung Heavy Industries have been given notice to proceed with a floating LNG facility near Kitimat, British Columbia, Canada.
Biden Administration Argues Against Enbridge Pipeline Shutdown Order
2024-04-11 - The U.S. argues that shutting down the pipeline could interrupt service and violate a 1977 treaty between the U.S. and Canada to keep oil flowing.