Equinor Cleared to Extend Åsgard A Production

Published

Åsgard A came on stream in 1999. Production is now being extended up to 2031 (Photo: Equinor/Øyvind Hagen)
Åsgard A came on stream in 1999. Production is now being extended up to 2031 (Photo: Equinor/Øyvind Hagen)

Equinor’s application to prolong the technical lifetime for the Åsgard A facility in the Norwegian Sea has been approved by the Norwegian Petroleum Directorate, extending production up to 12 years longer than was originally planned.

The Åsgard A floating production, storage and offloading vessel (FPSO) arrived on field and began producing in 1999, and its original technical lifetime was based on 20 years of operation expiring in 2019.

Åsgard A contributes to the recovery of the remaining liquid reserves in Smørbukk and Smørbukk Sør, as most of the gas injection wells on these fields are tied in to Åsgard A and will rely on the gas injection from Åsgard A through the 2020s, NPD said.

The licensees are also said to be considering new drilling targets and wells linked to Åsgard A both in the shorter and longer term, and they will be important measures to promote improved recovery.

Additional measures to improve recovery are also being planned. A project involving low wellhead pressure has an expected start-up date in 2022.

Recovery of Trestakk as well as the Blåbjørn discovery depends on an extended lifetime for Åsgard A.

Current News

Chevron Looks to Expand West African Acreage After Guinea-Bissau Deal

Chevron Looks to Expand West A

Seatrium Divests Non-Core Platform Supply Vessels For $59.7m

Seatrium Divests Non-Core Plat

THREE60 Energy Acquires Total Vision

THREE60 Energy Acquires Total

ABL to Support Platform Installations, Rig Moves for Chevron in Gulf of Thailand

ABL to Support Platform Instal

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine