STAVANGER, Norway – Equinor and its partners have committed to a NOK3-billion ($345-million) project to improve recovery from the Statfjord Øst field in the Norwegian North Sea.
The field is connected via pipelines to the Statfjord C platform, 5 km (3.1 mi) to the southwest, by pipelines.
Under the new program, designed to produce a further 23 MMboe, four new wells will be drilled from existing subsea templates. This will also entail modifications on Statfjord C, and a new pipeline for gas lift.
Ultimately, Equinor aims to extend the lives of the platform and Statfjord Øst toward 2040.
In-place oil at Statfjord Øst, which came onstream in 1994, was originally estimated at 415 MMbbl. The current recovery factor of 56% should rise to 62% with the new facilities, which will be installed during 2022-24.
Other partners are Petoro, Vår Energi, Spirit Energy, Idemitsu Petroleum, and Wintershall Dea.