Development solution for Mikkel

February 23, 2001, 14:45 CET

The partners in the Statoil operated Mikkel field in the Norwegian Sea have selected the development solution.

The field will be developed with subsea facilities and well flow transfer via the Midgard field to the Åsgard B platform.

Total costs are estimated at NOK 2 billion. According to project manager Kjetil Ohm, four production wells will be drilled on the field.

The solution chosen will make it possible to produce 20 billion cubic metres of natural gas and 30 million barrels of condensate. Production is planned to start by 1 October 2003 at the latest. The plan for development and operation will be submitted to the Ministry of Petroleum and Energy in the first half of May.

The gas will be brought ashore through the Åsgard transport pipeline via Kårstø near Haugesund and then forwarded to continental Europe. The field has already been allocated gas deliveries to the continent from the Ministry of Petroleum and Energy.

The field consists of the coordinated licences PL 092 and PL 121. The coordination agreement was signed on 16 February. The partners are ExxonMobil (33.48 per cent) the state’s direct financial interest (33.26 per cent), Statoil (23.26 per cent) and Hydro (10 per cent).