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Development plan for Solveig submitted

Solveig.jpg

Solveig will be developed with five satellite wells tied to the Edvard Grieg installation in the North Sea (illustration: Lundin)

27/03/2019 The authorities have received the Plan for Development and Operation (PDO) for the Solveig oil discovery in the North Sea.

The field will be developed with five satellite wells tied in to the Edvard Grieg installation.

Solveig (previously called Luno II) is located south of Edvard Grieg, and west of the Johan Sverdrup field, about 180 kilometres west of Stavanger. The total recoverable reserves from Solveig are estimated at approx. 9.1 million oil equivalents (57 million bbls o.e), mainly oil, but also some gas.

This will be produced with five wells, three producers and two to inject water for pressure support.

The oil will be exported via Edvard Grieg and onward by pipeline to the Sture terminal in Hordaland County. The gas will be exported to the United Kingdom.

Total investments for the Solveig development are NOK 6.4 billion. Start-up is planned in the first quarter of 2021.

Solveig is located in production licence 359, which was awarded in APA 2006. Lundin is the operator (65 per cent) and the other licensees are OMV (20 per cent) and Wintershall (15 per cent).

Updated: 27/03/2019