Wintershall Dea has submitted its Dvalin North gas field plan for development and operation (PDO) to the Norwegian Ministry of Petroleum and Energy.
“Committing to a development only the year after discovery is very rare but shows our determination to supply natural gas to Europe through a major investment in Norway,” Wintershall Dea COO Dawn Summers said.
The field – the largest Norwegian discovery in 2021 – is on the Norwegian Continental Shelf in 420 m water depth and holds an estimated 84 MMboe. Gas will be exported via the Polarled pipeline to Nyhamna near Kristiansund in midland Norway.
Dvalin North production will tie back to the Equinor-operated Heidrun platform in the Norwegian Sea.
“We are a firm believer in using smart, subsea engineering to supply the European market with vital fuel,” Wintershall Dea Norge MD Michael Zechner said.
The Dvalin North partners will commit approximately $780 million Euro (8 billion NOK) to develop the discovery, drilling three producing wells from a single subsea template located 10 km to the north of the existing Dvalin field. Dvalin is forecast to come into production in the coming months. Dvalin North is scheduled for planned start-up late 2026.
In announcing the discovery in May 2021, Wintershall Dea estimated that Dvalin North, 12 km north of the company’s operated Dvalin field, held between 33 MMboe and 70 MMboe. The well also encountered hydrocarbons in two shallower secondary targets, with a combined resource estimate of 38 MMboe-87 MMboe.
At the time, Wintershall Dea chief technology officer Hugo Dijkgraaf noted the discovery’s location near existing operated and non-operated infrastructure.
“This important find supports our strategy of primarily investing in infrastructure-led exploration activity which will yield synergies with existing fields,” Dijkgraaf said.
The Deepsea Aberdeen drilled the well in PL 211.
Wintershall Dea operates the Dvalin North discovery in PL 211 with a 55% share on behalf of license partners Petoro and Sval Energi.
Recommended Reading
Hess Seeks Partnership for Suriname Block 59
2024-08-22 - Hess Corp. is seeking a new partner or partners to join in Suriname’s offshore Block 59 after Exxon Mobil and Equinor each gave up their one-third interests last month.
APA Corp., TotalEnergies Announce $10.5B FID on ‘Goliath’ Sized Deal Offshore Suriname
2024-10-01 - APA and TotalEnergies’ offshore Suriname GranMorgu development is estimated to hold recoverable reserves of more than 750 million barrels.
IOCs See Opportunity in Offshore Mexico, Despite Potential for Policy Changes
2024-08-14 - Five IOCs with offshore experience and capital—Eni, Harbour, Talos, Wintershall Dea and Woodside—continue to pursue promising opportunities offshore Mexico despite the country’s energy sovereignty push in favor of state-owned entities Pemex and CFE.
APA, TotalEnergies Aim for 'New Dawn' in Suriname with Massive GranMorgu Project
2024-10-01 - APA Corp. and TotalEnergies announced a $10.5 billion final investment decision for the GranMorgu project located offshore Suriname in Block 58. First production to come from a 220,000 bbl/d FPSO is slated to flow in 2028.
Chevron Boosts Oil, NatGas Recovery in Gulf of Mexico
2024-09-03 - Chevron’s Jack/St. Malo and Tahiti facilities have produced 400 MMboe and 500 MMboe, respectively.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.