Lundin gets Edvard Grieg nod

Lundin Norway received approval from the Norwegian Petroleum Directorate to drill an appraisal well located southeast of the giant Edvard Grieg field, in the central North Sea.

Map of well 16/1-23S. From NPD.

The company will drill well 16/1-23S, located in Block 16/1, in production license 338 (PL338), 45km south of the Grane and Balder fields, and 180km west of Stavanger.

Well 16/1-23S is the 10th exploration well to be drilled within the area of PL338 and will be drilled using the Rowan Viking jackup.

The US$3.2 billion (NOK 25 billion) Edvard Grieg field in 1900m water depth and is located in the Utsira High, which is Lundin Norway’s main focus area and holds the company’s majority 2P reserves and contingent resources. The field’s gross 2P reserves are estimated at 186 MMboe. Gross plateau production is expected to reach 100,000 boe/d.

Since making the Edvard Grieg discovery in 2007, Lundin has drilled six exploration and appraisal wells. Production is expected to begin in 4Q 2015.

Image from Lundin.

In April, Edvard Grieg’s 22,000-tonne topside for the offshore platform was ready for delivery. Lundin ordered the topside three years ago from Kvaerner as a complete EPC contract.

The Edvard Grieg platform is designed as a field center, which will receive and process hydrocarbons from other discoveries in the surrounding area. A dedicated pipeline will be laid from the Edvard Grieg platform to the existing Grane oil pipeline for export to the Sture oil terminal. A dedicated gas pipeline will be laid to the SAGE transport system on the UK shelf for export of rich gas to St. Fergus in Scotland.

Lundin is the operator with a 50% interest. Partners incldue OMV (20%), Statoil (15%) and Wintershall (15%).

Read more:

Edvard Grieg topside complete

Edvard Grieg module loadout

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