Det norske gets Ivar Aasen go ahead

Det norske oljeselskap received a green light for drilling an appraisal well on the Ivar Aasen field, from the Norwegian Petroleum Directorate.

Ivar Aasen. From Det norske.

Drilling at well 16/1-22 A, located in Block 16/1, in Ivar Aasen’s southwestern area, in the central North Sea, will be done from the Maersk Interceptor jackup.

The well marks the eighth exploration well to be drilled within the license area, and the 10th on the Ivar Aasen field.

Ivar Aasen

The Ivar Aasen field is situated west of the Johan Sverdrup field in the North Sea, and contains approximately 204 MMboe. 

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.  

The plan is to develop the Ivar Aasen field with a total of 15 wells: eight production wells and seven water injection wells. The production wells on Ivar Aasen and West Cable will be drilled from the platform, while the two wells on Hanz will be connected to the platform by a 14km-long pipeline.

Plans to start-up the Ivar Aasen field are set for 4Q 2016. Hanz is planned to be developed in phase 2 of the Ivar Aasen development.

The Maersk Interceptor jackup. From Maersk Drilling.

Ivar Aasen is a coordinated development with the Edvard Grieg field, located 10km further southeast. Oil and gas will be sent via two pipelines to the Grieg platform for final processing, then exported through two new pipelines to the Grane oil pipeline and the SAGE gas pipeline on the UK continental shelf. The Ivar Aasen platform will be supplied with electricity from the Grieg platform.

Last month, the 9000-tonne jacket for the field began its journey from Rotterdam to the North Sea. The 138m-tall, Saipem-built jacket was carried on Heerema’s H-627 barge.

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.

Det norske is the operator of Ivar Aasen with 34.7862% interest. Partners include Statoil (41.4730%), Bayerngas Norge (12.3173%), Wintershall Norge (6.4615%), VNG Norge (3.0230%), Lundin Norway (1.3850%) and OMV (Norge) (0.5540%).

Read more:

Ivar Aasen jacket en-route

Ivar Aasen production drilling starts

Det norske green lighted for Ivar Aasen exploration

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