News listings

energy-pedia development and production

Norway flagNorway

Europe / Caspian / CIS >>> Norway

Norway: Equinor starts production from Kristin South


08 Jul 2024

Photo - see caption

Equinor and its partners Petoro, Vår Energi, and TotalEnergies EP Norge have started production from the first Lavrans well in the Kristin South area on 7 July.

The partnership submitted the plan for development and operation (PDO) of the Lavrans and Kristin Q discoveries as satellites to the Kristin field in 2021. This is the first phase of the Kristin South project. The PDO was approved by the authorities in 2022.

Photo - see caption
Equinor starts production from Kristin South

The Kristin platform in the Norwegian Sea. (Photo: Marit Hommedal / Equinor)

'The Kristin South project demonstrates our strategy to create value by developing existing infrastructure on the Norwegian Continental Shelf. Together with our partners and suppliers, we have developed the project and started the production from Lavrans in a safe and good way,' says Trond Bokn, senior vice president for project development in Equinor.

A new subsea template has been installed and tied into the Kristin platform, now processing oil and gas from the first well at the Lavrans field. The gas will be exported through the pipeline system to the European market, while the oil will be transported to the market by ship via the Åsgard C storage vessel.

Four additional wells are planned as part of the first phase of the Kristin South project, three at the Lavrans field and one in the Q-segment at the Kristin field. The latter will be drilled from an existing subsea template that has been tied back to the Kristin SEMI.

The expected production in phase one of the Kristin South project is in the PDO estimated at 6.2 GSm3 of gas and 1.9 MSm3 of oil (a total of 58.2 million barrels of oil equivalent).

'This is a key milestone in our plan to continue to develop new resources in a mature area in the Norwegian Sea. Tying in additional resources to our producing hubs is a cost-efficient way to add production and extend the lifespan of our fields in operation. This approach contributes to energy security and job creation in Norway,' says Grete B. Haaland, senior vice president for Exploration & Production North.

The CO2 intensity for extraction and production of Kristin South phase 1 is very low - less than 1 kg of CO2 per barrel of oil equivalent. The emissions will mainly be generated from the project’s drilling activities.

Norwegian suppliers have been awarded over 60% of the contract values in the development phase creating ripple effects along the coast. The project is estimated to have created 4,000 person-years across Norway, with 800 in the Mid-Norway region, over the 2020-2025 period.

Lavrans was discovered in 1995, while the Kristin field was put on stream in 2005. The technical lifetime of the Kristin platform is currently estimated to be 2043 with potential for further extensions.

Partners (Haltenbanken Vest Unit): Equinor Energy AS (54.82 %, operator), Petoro AS (22.52 %), Vår Energi ASA (16.66 %), TotalEnergies EP Norge AS (6 %).

Original announcement link

Source: Equinor





Bookmark and Share


A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.


Subscriber Only Deals

Current Deals

Current Upstream Deals: 213

Completed Deals

Completed Upstream Deals: 6617

Company Profiles

Current Company Profiles: 2923

Corporate Activity

Current Corporate Activity articles: 4181

Companies Looking

Current number of articles: 466

Company Sales

Current Company Sales articles:1671

Geostudies

Current Geostudies articles: 994

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...


energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...



energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...

Subscribe

Subscribe to the FREE
energy-pedia Daily Newsletter
Subscribe

Government of South Australia
OPC
energy365
Union Jack Oil 149
Telos NRG
Borchwix
Syntillica
Bayphase
Rose & Assocs
Merlin
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans
UNITED KINGDOM

Tel: +44(0)1727 822675

Email: info@energy-pedia.com