Frøy development scope still open

Det norske oljeselskap is working on an updated development plan for the Frøy field re-development in the Norwegian North Sea.

Offshore staff

TRONDHEIM, Norway -- Det norske oljeselskap is working on an updated development plan for the Frøy field re-development in the Norwegian North Sea.

The company says its preferred option is a Sevan Marine FPU in combination with a wellhead platform, although other concepts are in the running. Whatever the choice, a new company likely will be established to own the production unit.

The license partners are considering producing oil and gas from the nearby Storklakken and Rind discoveries via Frøy, as part of an area development. However, Storlakken is also within range of the Marathon-operated Alvheim and Vilje production facilities.

Numerous contracts remain to be negotiated between several parties – progress on this work and financing, will determine when the Plan of Development and Operation can be submitted.

As for the Draupne project, again in the North Sea, Det norske has been evaluating the results of appraisal wells 16/1-11 and 16/1-11A. Analysis suggests a resource potential, including the Hanz and West Cable fields, of 110-150 MMboe. Two scenarios are under review: A standalone Draupne development, and a coordinated area solution with a common field center taking in Lundin’s Luno discovery in license PL 338.

In license PL 029B, Det norske has mapped further probable gas/condensate volumes in the southern trend of the Freke discovery. If proven, these could be tied back to the Statoil-operated Dagny/Ermintrude fields. Det norske has recommended an exploration well to test its findings, adding that the partners will drill an appraisal well in the Dagny area this fall.

08/18/2010

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