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).
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.
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.
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.
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.
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.
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.