Faroe gets formal consent to operate Oselvar, Trym in North Sea
Dec. 9, 2016
Faroe Petroleum Norge has received approvals from Petroleum Safety Authority Norway to take over operatorship of the Oselvar and Trym fields in the southern Norwegian North Sea.
Oselvar is in blocks 1/2 and 1/3, around 27 km (16.8 mi) southwest of Ula. The field has been developed using subsea wells, and the wellstream is transported to Ula for processing. Production started in 2012.
Trym is in block 3/7, 3 km (1.8 mi) from the median line with Denmark. It too has been developed with subsea wells: the wellstream is transported to the Harald facility on the Danish shelf for processing. Production began in 2011.
PSA has also granted Faroe consent to use the associated facilities and pipelines.
