Norway's Det norske is expecting sailaway of the Ivar Aasen devlopment topsides in late may, with installation offshore Norway expected for July 2016.
In a market update, the firm said key activities for the project, on the Utsira High, in the Norwegian sector of the North Sea, was progressing according to plan, with first oil planned for Q4.
The project comprises a manned production platform, including living quarters and a processing facility for first stage separation.
The jacket for the development was installed in June 2015 and pre-drilling of production wells started mid-July 2015, using the Maersk Interceptor jackup. Four oil producer wells and one water injector well have been drilled to date. The pre-drilling will continue with further wells to be drilled through Q2 2016. In total 15 wells will be drilled, with eight production wells and seven water injections wells, in addition to three pilot wells.
Topside construction at SMOE's yard in Singapore is progressing well, and is about 94% complete. During Q4, several sub systems were handed over from SMOE construction to commissioning and testing.
The construction of the living quarters at Stord in Norway is also progressing according to plan, says Det norske. Mechanical completion and handover of sub-systems to commissioning progressed according to the handover schedule.
Ivar Aasen contains about 204 MMboe and is expected to reach peak production of approximately 75,000 boe/d.
The Ivar Aasen development comprises resources in five fields: PL 001B, 028B, 242, 338 and 547; and three deposits: Ivar Aasen, West Cable and Hanz.
Det norske received the green light to drill the 16/1-22 A appraisal well located in Block 16/1 from the Norwegian Petroleum Directorate at the end of May. It marked the eighth exploration well to be drilled within the license area, and the 10th on the Ivar Aasen field.
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%).
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