Germany's Wintershall and its license partners Capricorn, Bayerngas, Edison and DEA have agreed on a development solution for the Skarfjell field in the Norwegian North Sea.
Skarfjell is situated in the northeastern North Sea approximately 20 km southwest of the Engie-operated Gjøa platform and about 130 km northwest of Bergen. Skarfjell is expected to yield between 60 - 140 million barrels of oil equivalents.
Under the proposed solution, the reservoir will be connected to the nearby Gjøa platform via a subsea tie-back. Wintershall has submitted the development concept to the Ministry of Petroleum and Energy and the license partnership will now refine the technical and economic plan before committing to a final investment decision.
“Moving into the next phase of the plan is a signal that Wintershall is committed to Norway in the long-term. This is our second operated development project on the Norwegian Continental Shelf after Maria, and we are using our experience and resources to fine-tune the concept for Skarfjell. Wintershall is convinced of having selected the most economically robust solution for the field,” said Martin Bachmann, Wintershall’s Executive Board Member for Exploration and Production in Europe and Middle East.
By deciding with our license partners to pursue a tie-back to existing infrastructure as our preferred option, we believe we have found the best way of unlocking the maximum value from the field. In this way Skarfjell could provide substantial returns for Wintershall, our partners and the rest of Norwegian society,” said Bernd Schrimpf, Wintershall Norge Managing Director.
Several studies will now be conducted before the final investment decision and the plan for development and operation (PDO) can be submitted to the Ministry of Petroleum and Energy.
Skarfjell was discovered in 2012 and is situated in the Quadrant 35 area in the Norwegian North Sea. The majority of the discovery is located in production license PL 418, with a possible extension into PL 378. In PL 418 Wintershall Norge AS (operator) owns 35 per cent, Capricorn Norge AS (part of Cairn Energy PLC) 20 per cent, Bayerngas Norge AS 20 per cent, Edison Norge AS 15 per cent and DEA Norge AS 10 per cent.