24/06/2020
On behalf of the licensees, operator Aker BP has submitted a Plan for Development and Operation (PDO) for a redevelopment of the Hod field in the Valhall area in the North Sea.
The field was in production via a dedicated unstaffed wellhead platform, remote-controlled from Valhall, from 1990 until it was shut down in 2012. There has also been limited production from the Hod field via the Valhall Flank South platform.
When the Hod wellhead platform was shut down, just 20 per cent of the resources in place had been produced. The shutdown platform will be removed in accordance with a previously approved cessation plan.
The field will be redeveloped by installing a new wellhead platform tied in to the Valhall field centre. The recoverable reserves are estimated at about 6.4 MSm3 oil equivalents.
"Very gratifying"
The plan is to resume production at the beginning of 2022. The total investment costs for the redevelopment are estimated at NOK 5.7 billion.
“It is very gratifying that the companies have found it profitable to redevelop Hod to increase recovery of the remaining resources,” says Arvid Østhus, assistant director in Development and operations.
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?
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.
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.
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.
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.
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.
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.
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.
