In addition, two plans for installation and operation (PIO) of transport pipelines and facilities for power from shore were given the green light.
\u201cApproval of the PDO for Johan Sverdrup is an important milestone in Norwegian oil history,\u201d says Grethe K Moen, chief executive of Petoro.
\u201cThis field will be highly significant for Norway as a nation. In the short term, development and construction of all the platforms will be important for the supplies industry.
\u201cWe\u2019ll be paying close attention to this project, and making an active contribution to ensuring maximum value creation for the State\u2019s Direct Financial Interest (SDFI).\u201d
Operator Statoil is now working to implement the PDO, and the first component in the development \u2013 the predrilling template \u2013 was installed on the field last week. Construction has also started with the first platform jacket at Kv\u00e6rner Verdal.
This is the most extensive PDO which Petoro has been involved with. The Johan Sverdrup oil field will be developed in several phases, and the first of these comprises four platforms linked by bridges as well as three subsea templates for water injection.
The ambition is to achieve a recovery factor of 70 per cent, and account has been taken of installing advanced technology for improved recovery in later phases.
Production capacity in the first phase will be in the order of 315-380 000 barrels per day. This stage is scheduled to come on stream in late 2019.
The Johan Sverdrup partnership comprises Petoro, Lundin Norway, Det norske Oljeselskap, Maersk Oil and Statoil, with the last of these as operator for all development phases.<\/p>\n\n\n\n
Facts<\/p>\n\n\n\n
\u2022 Johan Sverdrup is located on the Utsira High in the North Sea, 155 kilometres west of Stavanger<\/p>\n\n\n\n
\u2022 At a water depth of 110-120 m, the reservoir lies at approx. 1900 m depth covering an area of 200 km2<\/p>\n\n\n\n
\u2022 The field will be developed in phases, the first phase including a field centre, wells, oil and gas export solutions, and power from shore<\/p>\n\n\n\n
\u2022 Oil from the field will be piped to the Mongstad terminal in Hordaland<\/p>\n\n\n\n
\u2022 The gas will be transported to Statpipe, and from there to the K\u00e5rst\u00f8 processing plant in North Rogaland<\/p>\n\n\n\n
\u2022 Daily production during Phase 1 is estimated at 315,000 \u2013 380,000 barrels<\/p>\n\n\n\n
\u2022 Full production is estimated at 550,000 \u2013 650,000 barrels of oil equivalent per day, accounting for some 40% of total oil production from the Norwegian continental shelf<\/p>\n\n\n\n
\u2022 According to the impact assessment: total production revenues of NOK 1,350 billion over 50 years and corporation tax payable to the Norwegian state is estimated at NOK 670 billion<\/p>\n\n\n\n
\u2022 The development of Phase one is estimated to generate some 51,000 man-years – 22,000 man-years of which are expected to be delivered by suppliers, and some 12,000 man-years by their sub-suppliers<\/p>\n\n\n\n
\u2022 An average year is estimated to generate 2,700 man-years in the operating phase, and 3,400 man-years during full field development<\/p>\n","protected":false},"featured_media":3070,"template":"","meta":{"_acf_changed":true},"tags":[101],"class_list":["post-3069","nyhet","type-nyhet","status-publish","has-post-thumbnail","hentry","tag-101"],"acf":[],"_links":{"self":[{"href":"https:\/\/petoro.no\/en\/wp-json\/wp\/v2\/nyhet\/3069","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/petoro.no\/en\/wp-json\/wp\/v2\/nyhet"}],"about":[{"href":"https:\/\/petoro.no\/en\/wp-json\/wp\/v2\/types\/nyhet"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/petoro.no\/en\/wp-json\/wp\/v2\/media\/3070"}],"wp:attachment":[{"href":"https:\/\/petoro.no\/en\/wp-json\/wp\/v2\/media?parent=3069"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/petoro.no\/en\/wp-json\/wp\/v2\/tags?post=3069"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}