Fast forward for Vilje South

abarrelfullabarrelfull wrote on 24 Nov 2011 15:02
Tags: marathon north-sea norway statoil upstream

Latest News

{"module":"feed\/FeedModule","params":{"src":"http:\/\/\/feed\/pages\/pagename\/blog%3A_start\/category\/blog\/limit\/10\/t\/My+Blog","limit":"3","module_body":"* %%linked_title%%"}}
  • Want a weekly review of refining news?

The Vilje partners have taken the investment decision to develop Vilje South, an extension to the main field included in its original plan for development and operation (PDO).

An oil producer, Vilje lies just to the north of Heimdal in the northern part of Norway’s North Sea sector.

The well planned for Vilje South will represent the third producer in this development, and is intended to secure optimum drainage of its resources.

This project is the smallest in Statoil’s fast-track portfolio so far. Together with its partners and the government, the group has ensured swift decision-making and early delivery of long-lead-time equipment.

The development comprises a standard subsea template with a single well, tied back for processing to Marathon’s existing Alvheim field via a 19-kilometre flowline and umbilicals.

Because this solution builds further on an existing subsea infrastructure, no modifications will be required on the parent platform.

The template is under construction by Aker for installation in the summer season of 2013, together with the rest of the subsea equipment.

Drilling work is planned in two stages, starting in the spring of 2013 with completion that same autumn. The ambition is to bring the project on stream in late 2013.

Recoverable reserves in Vilje South are estimated at 7.6 million barrels of oil equivalent, mainly in the form of crude.

Net oil production from the Vilje South well in 2014 is expected to be about 5,000 barrels per day, with total investment in money of the day put at NOK 1.1 billion.

“This is our sixth fast-track investment decision in 2011,” says Halfdan Knudsen, head of such projects in Statoil’s field development business cluster for Norway.

“That leaves only one more of these projects due to be decided upon before the end of the year, namely Visund North.”

Both the Snorre B template and Mikkel South have been removed from the fast-track portfolio, the first because of adjustments to Snorre 2040 and the area as a whole, and the other to await capacity in the Åsgard Transport gas pipeline.

New projects added to the portfolio are Fram H North and Svalin C, Knudsen reports.

“Plans call for the first five fast-track projects to be brought on stream by the end of 2012 or in early 2013,” he says.

Vilje South, production licence 036D

  • Location: North Sea, 12 kilometres north of Heimdal, in about 120 metres of water.
  • Development solution: a standard subsea template with one well, tied back to the existing seabed structure on Vilje.
  • Estimated recoverable reserves: 7.6 million barrels of oil equivalent, mainly crude.
  • Investment: NOK 1.1 billion in money of the day.
  • Discovered: 2004.
  • PDO dispensation: covered by 2008 PDO for Vilje.
  • On stream: 2013.
  • Partners: Marathon Petroleum Norge 49.9%, Statoil (operator) 28.5%, Total E&P Norge 24.24%.

Unless otherwise stated, the content of this page is licensed under Creative Commons Attribution-ShareAlike 3.0 License