Norway’s government has approved expansion plans for the country’s second largest gas field, Ormen Lange, as well as development plans for the Frosk and Tommeliten A discoveries, the oil and energy ministry said on July 8.
The Ormen Lange phase 3 extension is expected to increase gas extraction by up to 40 billion standard cubic meters, with start-up in 2025, the ministry said.
The field, operated by Shell and located in the Norwegian Sea, will as a result increase gas recovery from 75% to 85%, the ministry said.
“This project helps to maintain the gas supply from Norway to our friends in Europe from the middle of this decade,” oil and energy minister Terje Aasland said in a statement.
Seperately, the ministry also approved plans for developing the petroleum discoveries Frosk and Tommeliten A in the North Sea.
Tommeliten A, which is partly located on the British side of the North Sea, is operated by ConocoPhillips Co. and co-owned with PGNiG, Totalenergies SE and Vaar Energi.
Expected recoverable reserves at Tommeliten A are estimated at about 21 million standard cubic meters of oil equivalent, of which slightly more than three quarters is gas, the ministry said.
Expected start of production is 2024, it added.
The Frosk discovery, where recoverable reserves are estimated at 1.51 million standard cubic meters of oil equivalent, most of which is oil, is operated by AkerBP with Vaar Energi as the other stakeholder.
Production is expected to start in 2023.
Recommended Reading
CEO: Berry Gears Up for Horizontal Drilling in Uinta Stacked Pay
2024-12-13 - Berry Corp.’s legacy roots are in California’s Central Valley—but its growth engine is in Utah’s emerging Uinta Basin, CEO Fernando Araujo told Hart Energy.
Shell, Chevron Take FID on Phase 3 of GoM Silvertip Frio Project
2024-12-12 - Shell Plc and Chevron Corp. are taking a final investment decision on Phase 3 of the Silvertip project in the Gulf of Mexico.
Major Storage Withdrawal Sends NatGas Prices Higher
2024-12-12 - A cold start to December has resulted in one of the biggest storage drops in years.
Exclusive: Novi Labs’ Ludwig on AI Preventing Costly Drilling Mistakes
2024-12-12 - Novi Labs President and Co-Founder Jon Ludwig gives insight on how AI and machine learning allow diverse applications for oil and gas operations and less risk for cataclysmic failure, in this Hart Energy Exclusive interview.
NOG Commits Up to $160MM to Appalachian Basin Joint Venture
2024-12-12 - Northern Oil and Gas has entered a joint development program with an Appalachian Basin operator, which wasn’t named, in exchange for a 15% working interest, the company said.
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.