02/10/2019
The Norwegian Petroleum Directorate has granted consent to start up the Valhall West Flank facility in the North Sea. Start-up will take place this autumn.
This facility is a further development of the Valhall field. West Flank is an unmanned facility with twelve well slots, and it is tied to the Valhall field centre.
Valhall is located in the southern part of the Norwegian shelf, 290 kilometres from land. Aker BP is operator for the field.
The reserves are estimated at 9.6 million standard cubic metres of oil equivalents (approx. 60 million barrels). The reserve estimate is a median value, and indicates some uncertainty regarding how much can be recovered.
The investment estimate when the Plan for Development and Operation was submitted was 5.4 billion 2018-NOK.
“Valhall West Flank is an important measure for further exploitation of the resources in a mature field,” says Tove Francke, the NPD’s Assistant director for development and operations, North Sea South.
08/05/2024
The Ministry of Energy announced APA 2024 on 8 May 2024, encompassing the predefined areas with blocks in the Norwegian Sea, Norwegian Sea and Barents Sea.
06/05/2024
The Norwegian Offshore Directorate has granted Aker BP ASA drilling permit for the wells 7324/6-2 and 7324/8-4 in production license 1170, cf. Section 13 of the Resource Management Regulations.
30/04/2024
The Norwegian Ministry of Energy has received applications from eight companies in connection with the announcement of two areas in the North Sea for potential storage of CO2 on the Norwegian shelf.
29/04/2024
In a letter of 29 April, the Norwegian Offshore Directorate invited players to nominate blocks in connection with the first licensing round for mineral activities on the seabed.
29/04/2024
The Norwegian Offshore Directorate has granted Equinor Energy AS drilling permit for wells 35/10-14 S and 35/10-14 A in production license 1185, cf. Section 13 of the Resource Management Regulations.
22/04/2024
Equinor has completed an appraisal well (7324/7-4) on the Wisting discovery in the Barents Sea. The objective was to acquire data on the reservoir and cap rock, for use in ongoing evaluation and development of the discovery.
17/04/2024
In June 2022, the Norwegian Offshore Directorate published data collected up to 2022. The Directorate is now releasing deep sea data gathered from 2022 to 2024.
17/04/2024
The Johan Castberg ship will soon be heading north. With the ship in place, the plan is to have three producing fields in the Barents Sea by the end of the year.
17/04/2024
Vår Energi has made an oil discovery in "Ringhorne Nord" (wells 25/8-23 S and 25/8-23 A & B), north of the Ringhorne Øst field, 200 kilometres northwest of Stavanger.