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Statoil and partners want Byrding oil and gas field

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Staff Writer | August 20, 2016
Statoil
Oil exploration   The duo-lateral well in the North Sea

Statoil and its partners submitted the Plan for Development and Operation of the Byrding oil and gas discovery in the North Sea to government authorities.

The Byrding development includes a duo-lateral well drilled from the existing Fram H-Nord subsea template through which oil and gas from Byrding will flow to Troll C.

Oil and gas will be piped from there through existing pipelines to Mongstad and Kollsnes respectively.

Capital expenditures have been reduced from initially approximately NOK 3.5 billion to the current estimate of approximately NOK 1 billion.

The duo-lateral well to be drilled is some seven kilometres long, the first kilometres being shared by the two laterals.

According to plans Byrding will remain on stream for 8-10 years.


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