11/08/2021
The authorities have granted Repsol consent for a new start-up of the Yme field in the North Sea. Yme will once again be producing oil, 20 years after the last time the field was on stream. Planned start-up will be in the second half of 2021.
Yme is one of the first oil fields on the Norwegian shelf to be redeveloped after the field was shut down in 2001. Back then, continued operation was not considered profitable.
Yme was originally developed with a jack-up production facility and a storage ship for the sole structure, Gamma.
A new Plan for Development and Operation (PDO) was approved for Yme in 2007, but the project was not implemented.
The new facilities that will be put to use include the contracted jack-up drilling and production facility Mærsk Inspirer and a wellhead module placed on the existing caisson. A new permanent support structure for the caisson has also been installed, as well as a new subsea template.
The amended PDO was approved in March 2018 without stipulations. The development project has been delayed by more than one year. The developers have estimated total investments at NOK 12 billion.
The recoverable reserves in Yme are estimated at approx. 10 million standard cubic metres of oil (approx. 63 million barrels).
22/04/2024
Equinor has completed an appraisal well (7324/7-4) on the Wisting discovery in the Barents Sea. The objective was to acquire data on the reservoir and cap rock, for use in ongoing evaluation and development of the discovery.
17/04/2024
In June 2022, the Norwegian Offshore Directorate published data collected up to 2022. The Directorate is now releasing deep sea data gathered from 2022 to 2024.
17/04/2024
The Johan Castberg ship will soon be heading north. With the ship in place, the plan is to have three producing fields in the Barents Sea by the end of the year.
17/04/2024
Vår Energi has made an oil discovery in "Ringhorne Nord" (wells 25/8-23 S and 25/8-23 A & B), north of the Ringhorne Øst field, 200 kilometres northwest of Stavanger.
03/04/2024
The Norwegian Offshore Directorate has granted Wintershall Dea Norge AS drilling permit for well 35/11-27 S in production licence 248, cf. Section 13 of the Resource Management Regulations.
26/03/2024
Seabed minerals represent a new and exciting opportunity for Norway, and a chance for us to be a pioneer nation – much like we have been within the oil and gas industry, both as regards stewardship of resources and development of technology.
25/03/2024
The Norwegian Offshore Directorate has granted Aker BP ASA drilling permit for well 24/6-5 in production licence 203, cf. Section 13 of the Resource Management Regulations.