Det norske green lighted for Ivar Aasen exploration

Det norske oljeselskap ASA (Det norske) received consent from the Petroleum Safety Authority (PSA) of Norway for exploration drilling on the three appraisal wells in Ivar Aasen field in the North Sea.

Illustration of Ivar Aasen. From Det norske.
 

The Ivar Aasen field is located in Block 16/1, about 175km west of Karmøy in Rogaland county.

The three appraisal wells are dubbed 16/1-21 S, 16/1-21 A and 16/1-22. According to the PSA, the first two consist of a main bore and a sidetrack, meaning that the three wells will be drilled from two different locations. The water depth at the two locations is 113m and 111m.

The wells will be drilled using Maersk Drilling Norge’s Maersk Interceptor mobile drilling facility, with the combined duration of drilling activities expected to be 153 days. Start up is set for 4Q 2016.

Det norske is the operator of the Ivan Aasen with a 34.7862% interest. Partners include Statoil (41.4730%), Bayerngas Norge (12.3173%), Wintershall Norge (6.4651%), VNG Norge (3.0230%), Lundin Norway (1.3850%), and OMW Norge (0.5540%).

Ivan Aasen field and marks the Det norske’s first major development project and comprises resources in five fields, PL001B, 028B, 242, 338, and 547.

The Ivar Aasen field is situated west of the Johan Sverdrup field and contains approximately 210MMboe, Hanz deposit included, with about 74MMboe net to Det norske. Total investments in the project are estimated at about US$3.5 billion (NOK 24.7 billion), with an anticipated economic life of 20 years, depending on oil price and production trend.

Earlier this month, Det norse began deployment of AVEVA’s Progressive Handover Solution to manage life cycle information for its Ivar Aasen field project in the North Sea. The AVEVA solution allows Det norske to benefit from improved information quality within its projects and to reduce the time it takes to access key technical information.

Read more:

Det norske selects AVEVA for Ivar Aasen

Ivar Aasen first steel cut

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