– This is yet another example of how we take advantage of existing infrastructure to realize new discoveries, says Torger Red, director of project development in Statoil.
Oil and gas from the well to be sent to the Troll C platform. Further runs oil and gas in existing pipelines on, respectively, Mongstad and Kollsnes.
Booting next year
Byrding is scheduled to start production in the third quarter of 2017 and will produce between eight and ten years. Thus, the project will provide revenue in the same year as the largest investments made.
Oil and gas from the well to be sent to the Troll C platform. Further runs oil and gas in existing pipelines on, respectively, Mongstad and Kollsnes.
Estimated daily production close to 8,000 barrels of oil equivalent, according to Statoil. Estimated recoverable reserves are approximately 11 million barrels of oil equivalent. By comparison, produces around two million barrels daily on the Norwegian shelf.
Lien: – Important to develop small discoveries
Petroleum and Energy Tord Lien (FRP) wants development plans are welcome.
– to realize the potential of the Norwegian continental shelf, it is important that young ones who Byrding being built, says Lien.
investment estimates in the field was originally at around 3.5 billion.
Statoil is operator of the field with a stake of 45 percent. Wintershall has a 25 percent share, while GDF Suez and Idemitsu both have 15 percent.
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