Fast-track field to keep Njord going
The Njord platform in the Norwegian Sea. (Photo: Terje S. Knudsen)
“We’ve found a very elegant solution,” reports Olav Lunde, who is project manager for the fast-track field with its estimated 30 million barrels of oil equivalent.
It is now clear that Gygrid will be tied back to the Njord A installation, which lies just under 20 kilometres west of the discovery.
“This is the best option both technically and financially,” explains Lunde.
“We’re very pleased that we’ve now secured a decision. That means we can start work on modifying Njord to accept oil and gas from the new development.”
Statoil has already ordered the components for Gygrid’s subsea production system with the longest delivery times. This will allow the field to meet the original start-up date of late 2012-early 2013.
Olav Lunde, project manager for the fast-track field.
“Precisely because we’ve worked so fast on this project, we’ve managed to make a small discovery profitable and exploit spare capacity on an existing platform,” emphasises Per Haaland, head of the group’s fast-track portfolio.
Given today’s resource base, Njord would have to shut down in 2015.
But the contribution from Gygrid promises a much brighter future.
“This will represent a revitalisation of the field, and will also help us to work on other measures to improve oil recovery,” says Haaland.
Per Haaland, head of Statoil’s fast-track portfolio.
Discovered in June 2009, Gygrid was given the status of a fast-track project in February and the first investments were made six months later.
A final decision on developing the discovery is set to be taken during the coming winter.
Lunde believes that tying Gygrid back to Njord will have big spin-offs.
“I hope we can make further discoveries in this area, and a decision to proceed with the development makes it even more attractive to explore there.”