Statoil is to extend the life of its Njord field with a new investment in an ageing platform.
Production was shut down in the region last year and the Njord A platform taken to Aker’s Stord shipyard for repairs.
But operator Statoil and its partners in the Njord licences have now submitted new plans which will see the field’s lifetime extended and other opportunities opened up.
The company have also submitted another Plan for Development and Operation in relation to the nearby Bauge field.
Expected investments are NOK 15.7 billion for Njord and NOK 4.1 billion for Bauge.
The investments include reinforcement of the hull of the Njord A platform, upgrade of the equipment on deck, drilling of new wells and upgrade of the Njord B storage ship.
Bauge, which is situated about 15 km northeast of Njord, is being developed with a subsea solution, pipeline to Njord A and umbilical from the subsea Hyme field. Two production wells and one injection well will be drilled.
The gas will be routed through the Åsgard transport system to the receiving terminal at Kårstø in Rogaland.
Provisions will also be made so that the “Pil” discovery in production licence 586, south of Njord, can be tied in to Njord A.
Kalmar Ildstad, assistant director for Development and operation in the Norwegian Petroleum Directorate, said: “These are two important projects in the development of resources in the Norwegian Sea.
“We are interested in ensuring investments to extend field lifetimes. This will allow both recovery and value creation to increase, while also opening up opportunities for developing other discoveries in the area.”
Production started on Njord in 1997. Original recoverable resources were 31.8 million standard cubic metres (Sm3) of oil (200 million barrels), 23.4 billion Sm3 gas and 6.4 million tonnes of NGL.
Estimated remaining reserves are 6.2 million Sm3 oil (39 million bbls), 16.3 billion Sm3 gas and 4.1 million tonnes of NGL.
Bauge was proven in 2013 (well 6407/8-6). Recoverable resources are estimated at 7.9 million Sm3 oil (50 million bbls), 1.9 billion Sm3 gas and 1 million tonnes of NGL.
Production is scheduled to start in the fourth quarter of 2020 for both Njord and Bauge.
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