STAVANGER, Norway – Statoil (OSE:STL; NYSE:STO) aims to recover about 10 MMboe through construction of a four-well seabed template on the Fram H North structure in the Norwegian North Sea.
The structure is connected via flexible pipelines to the A2 template on Fram West, which transports production onward to the Troll C platform.
“This project, which is one of the smallest fasttrack developments on the Norwegian continental shelf, was made possible by means of standard solutions and fasttrack principles to reduce time and costs,” said Halfdan Knudsen, Statoil project manager for field development.
“The development of this field may be a door opener for new developments in the area as the license partners have approved the installation of a four-slot standard template to be used for additional targets or for tying back prospects in the event of discoveries.”
Installation of all seabed equipment and laying of flexible pipelines and control cables is scheduled for next summer. Development drilling, due to start in 4Q 2013, will involve a well with two branches for optimized draining of the reservoir.
The project is also important for operations on Fram in maintaining a high temperature in the flowline to the host Troll C platform. That way Statoil can avoid using scale wax inhibitors in the pipelines between Fram and Troll C.
Fram H North, discovered in 2007 in licenses PL090 and 248, should come onstream in summer 2014. Partners in PL090 are ExxonMobil, GDF Suez, and Idemitsu. Petoro owns 40% in PL248.