![eldfisk-ConocoPhillips](/sites/default/files/styles/hart_news_article_image_640/public/image/2024/02/eldfisk-conocophillips.jpeg?itok=krdT414x)
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.
![eldfisk-nord-Illustration-ConocoPhillips](/sites/default/files/inline-images/eldfisk-nord-Illustration-ConocoPhillips.jpg)
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
E&P Highlights: June 10, 2024
2024-06-10 - Here’s a roundup of the latest E&P headlines, including a decline in global drilling activity and new contract awards.
TGS Undertakes Multiclient Reprocessing Agreements Offshore Liberia
2024-06-10 - TGS and the National Oil Company of Liberia plan to reprocess over 24,700 km in the Liberia and Harper basins.
Trendsetter to Deliver Subsea Manifolds Offshore Brazil to Trident Energy
2024-06-13 - The subsea contract follows Trendsetter establishing local facilities in Brazil.
TGS Gaining Ground on Subsurface Insights in the Permian
2024-06-19 - TGS released the Dynamic Matching FWI volume for the West Kermit 3D seismic survey, which spans 1,054 sq km across the Delaware Basin in Loving and Winkler counties, Texas.
Drowning in Produced Water: E&Ps Seek Economic Ways to Handle Water Surge
2024-07-01 - Strained disposal limits push beneficial reuse to the forefront for produced water management.