The Eldfisk complex in the Norwegian North Sea. (Source: ConocoPhillips)
ConocoPhillips received the go-ahead to start up production at its Eldfisk Nord project in the North Sea, the Norwegian Offshore Directorate said Feb. 28.
The $1.24 billion Eldfisk Nord project includes two seabed templates for production and one for water injection, serving a total of nine production wells and five injection wells in 230 ft water depth. Start-up is expected during the first quarter of 2024.
ConocoPhillips is targeting 50 MMbbl to 90 MMbbl of reserves with the project.
The Eldfisk Field is in Block 2/7 and is part of the Greater Ekofisk Area. Eldfisk Nord will help increase the recovery rate from the Ekofisk and Tor formations.
Eldfisk was discovered in 1970, and the plan for development and operation (PDO) was approved in 1975. An amended PDO for Eldfisk, including the development of resources in Eldfisk Nord, was approved in December 2022.
ConocoPhillips operates PL 018 on behalf of partners TotalEnergies, Vår Energi, Sval Energi and Petoro.
Recommended Reading
Chevron Pushing Longer Laterals in Argentina’s Vaca Muerta Shale
2024-09-13 - Chevron Corp., already drilling nearly 2.8-mile laterals at its Loma Campana Field in Argentina, wants to drill even longer horizontals, an executive told Hart Energy.
US Drillers Add Oil, Gas Rigs for First Time in Five Weeks
2024-09-13 - The oil and gas rig count rose by eight in the week to Sept. 13 to 590, returning to mid-June levels. The increase was the biggest since the week to Sept. 15, 2023.
CNOOC Makes Ultra-deepwater Discovery in the Pearl River Mouth Basin
2024-09-11 - CNOOC drilled a natural gas well in the ultra-deepwater area of the Liwan 4-1 structure in the Pearl River Mouth Basin. The well marks the first major breakthrough in China’s ultra-deepwater carbonate exploration.
Patterson-UTI Updates Drilling Rig Status
2024-09-10 - Patterson-UTI’s monthly announcements represent the company’s average number of revenue-earning drilling rigs in the U.S.
E&P Highlights: Sept. 9, 2024
2024-09-09 - Here’s a roundup of the latest E&P headlines, with Talos Energy announcing a new discovery and Trillion Energy achieving gas production from a revitalized field.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.