Statoil and partner Petoro plan to further develop Gullfaks South in the Norwegian North Sea to boost recovery by 65 MMboe.
Offshore staff
STAVANGER, Norway – Statoil and partner Petoro plan to further develop Gullfaks South in the Norwegian North Sea to boost recovery by 65 MMboe.
The NOK 8.5-billion ($1.4-billion) program involves adding two newsubsea templates and six extra wells (four oil producers and two gas injectors). These will be drilled by the semisubmersibles Deepsea Atlantic and Songa Dee. Start-up is scheduled for 2014.
“By using the fasttrack concept, with standardized solutions and consistent teams in one project, we will improve recovery in an effective manner,” said Halfdan Knudsen, Statoil’s vice president for fasttrack projects on the Norwegian continental shelf.
Production in parts of Gullfaks South was shut down in 2008 to maintain pressure in the reservoir at an acceptable level for future drilling operations. This year some wells are being reopened, and new wells will be drilled from existing seabed templates on Gullfaks South.
This will be the second fasttrack tieback development to Gullfaks for processing, where there is spare capacity. The project should extend the productive lifespan of Gullfaks A beyond 2030.
