Hydro plans new gas developments in the North Sea
 GAS AND CONDENSATE: The new fields will be connected to the oil and gas installation Gjøa. |
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(Aug. 22, 2006) Hydro has started work on composing a joint plan for development and operation of the gas discoveries Camilla, Belinda, and Fram B in the North Sea, off the coast of the county Sogn and Fjordane. The Plan for Development and Operation (PDO) is scheduled to be submitted to the authorities by the end of 2006.
"We consider the fields to be good future contributions to Hydro's portfolio on the Norwegian continental shelf, since the resources can reach the market efficiently with the aid of advanced subsea development solutions, combined with the area's existing infrastructure," says Senior Vice President Lars Christian Alsvik, responsible for Hydro's exploration and development activities on the Norwegian continental shelf.
 DEVELOPMENT NORWAY: Lars Christian Alsvik heads the Development Norway sector in Hydro's Oil & Energy business area. |
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The fields are located at a water depth of 380 metres, in the North Sea blocks 35/8 and 35/11, around 80 kilometres west of Florø, Norway's westernmost town. They will be connected to the oil and gas installation Gjøa. From Gjøa, the plan is that the gas will be exported via a new pipeline to the pipeline system FLAGS on the British continental shelf, and then on to the terminal at St. Fergus. The condensate will be exported via a new pipeline to Troll Oil Pipeline II, and then on to Mongstad.
Recoverable reserves are estimated to amount to around 18 billion standard cubic metres of gas and four million cubic metres of condensate. The chosen development solution involves a four-well subsea production template, with two production wells for each of the structures.
Experiences gained in connection with the development of Camilla, Belinda, and Fram B will be valuable in relation to future field development projects - which to an increasing extent will be based on small volumes, which can be developed if the oil price remains high.
- Hydro (operator) 40 per cent
- Petoro 40 per cent
- Statoil 20 per cent
- Hydro (operator) 25 per cent
- Revus 25 per cent
- Statoil 20 per cent
- Idemitsu 15 per cent
- Gaz de France 15 per cent
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