Green light for Ivar Aasen start-up
24/10/2016
The Norwegian Petroleum Directorate (NPD) has granted consent for production start-up on the Ivar Aasen field in the North Sea. The operator AkerBP has scheduled start-up for December.
The field was developed with a production facility resting on the seabed at a water depth of 110 metres. Oil and gas from Ivar Aasen will undergo final processing on the Edvard Grieg field. Edvard Grieg will also cover Ivar Aasen’s power demand until a joint solution for power from shore is established for the Utsira High.
The recoverable reserves from Ivar Aasen are estimated at 23.3 million standard cubic metres (Sm3) of oil, 4.4 billion Sm3 gas and 0.9 million tonnes of NGL. The reserves from the nearby Hanz field will come in addition when this is phased in when capacity becomes available on the Ivar Aasen installation.
Data from appraisal and development wells drilled after the submission of the Plan for Development and Operation (PDO) led to an increase in the estimate of recoverable volumes and volumes in place.
The investment costs for the development amount to NOK 26.9 billion, in line with the estimate in the PDO. “The NPD is very satisfied that both the schedule and budget are on target,” says Tove Francke, assistant director in Development and Operation in the Norwegian Petroleum Directorate.
The company Det norske was the operator of the development, which comprises production licences 001 B, 242, 338 BS and 457 BS.
Det norske merged with BP earlier this year, becoming AkerBP.
Partially processed oil and gas from Ivar Aasen is routed to Edvard Grieg for processing and export. From here, the Ivar Aasen installation will be supplied with electricity.
(Illustration: AkerBP)
Updated: 24/10/2016
Latest news
The gas bank in the Barents Sea
08/12/2023
Analyses show that the Barents Sea contains significant resources, probably more gas than oil. What needs to be done if Norway is to supply Europe with the requested volumes of gas?
Plenty of potential in tight reservoirs
06/12/2023
There are vast proven gas resources on the Norwegian shelf which are currently without development plans. Much of this gas is located in tight reservoirs – which makes it difficult to produce.
Drilling permit for well 7219/6-1
06/12/2023
The Norwegian Petroleum Directorate (NPD) has granted Vår Energi AS drilling permit for well 7219/6-1 in production licence 1025 S, cf. Section 13 of the Resource Management Regulations.
Valuable gas resources untouched
05/12/2023
The Norwegian Petroleum Directorate (NPD) has conducted a mapping of gas resources that, for various reasons, have yet to be developed. Several of these discoveries could be produced in a manner that is profitable from a socio-economic perspective.
Drilling permit for well 15/9-25
30/11/2023
The Norwegian Petroleum Directorate (NPD) has granted Harbour Energy Norge AS drilling permit for well 15/9-25 in production licence 1138, cf. Section 13 of the Resource Management Regulations.
Production figures October 2023
21/11/2023
Preliminary production figures for October 2023 show an average daily production of 1 981 000 barrels of oil, NGL and condensate.
Name change for the NPD
16/11/2023
The Norwegian Petroleum Directorate (NPD) is changing its name to the Norwegian Offshore Directorate as of 1 January 2024. The new name reflects the additional responsibilities assigned to the directorate in recent years.
Drilling permit for well 35/11-28 S
16/11/2023
The Norwegian Petroleum Directorate (NPD) has granted Equinor Energy ASA drilling permit for well 35/11-28 S in production licence 248 C, cf. Section 13 of the Resource Management Regulations.
Drilling permit for well 35/6-4 A
15/11/2023
The Norwegian Petroleum Directorate (NPD) has granted Neptune Energy Norge AS drilling permit for well 35/6-4 A in production licence 929, cf. Section 13 of the Resource Management Regulations.
