Partners agree on concept for Skrugard/Havis oil development offshore Norway

Statoil and partners Eni and Petoro have selected a development concept for the Skrugard oil field in the Barents Sea.

Statoil Skrugard field development
Statoil Skrugard field development

Offshore staff

STAVANGER, Norway – Statoil and partners Eni and Petoro have selected a development concept for the Skrugard oil field in the Barents Sea.

This calls for a semisubmersible platform exporting the oil through a 280-km (174-mi) subsea pipeline to a terminal at Veidnes outside Honningsvåg in the Finnmark region of northern Norway. The oil will be stored in two mountain caverns and piped from there to the quay for transportation by tankers. Statoil expects 50-100 tanker visits at the terminal each year.

Skrugard and the nearby Havis oil find will share the same infrastructure – together they hold recoverable reserves in the 400-600 MMboe range. Output from both fields will be tied into the platform via a subsea production system in 380 m (1,247 ft) of water.

Statoil aims to submit a plan for development and operation next year, and to bring Skrugard into production in 2018. It is targeting output close to 200,000 boe/d.

Statoil has drawn up nine new prospects in the Barents Sea for drilling during 2013-2014. The campaign will start in the Skrugard area, where four new prospects will be drilled.

“We have evaluated the neighboring area associated with the 22nd (Norwegian) licensing round, and see upside potential in the license,” said Øystein Michelsen, executive vice president forDevelopment and Production Norway.

“We see additional opportunities beyond the four planned wells. Because of this potential it is important to have a concept which also ensures the necessary flexibility to tie in future discoveries to the Veidnes oil terminal.”

Skrugard and Havis are in license PL532, covering blocks 7219/9 and 7220/4, 5, and 7. The location is about 100 km (62 mi) north of the Snøhvit field, 150 km (93 mi) from the Goliat field development, and nearly 240 km (146 mi) from the LNG plant at Melkøya.

2/13/2013

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