Plan for development of Statoil's Utgard and Byrding fields approved by authorities
STAVANGER -- The plan for development and operation for Utgard and Byrding fields in the North Sea has been approved by the authorities. Utgard is a gas and condensate field on Norwegian and UK continental shelf, while Byrding is an oil and gas field north of Troll field.
Capital expenditures for Utgard are projected at about NOK 3.5 billion, while for Byrding the CAPEX is estimated to near NOK 1 billion.
Utgard
Recoverable volumes are estimated at 56 MMboe. Utgard was discovered in 1982 and is located 21 km from Sleipner field. The discovery has been considered for development on several occasions in the past.
Utgard straddles the UK-Norway median line, with the majority of the reserves being located on the Norwegian side.
The field development includes two wells in a standard subsea concept, with one drilling target on each side of the median line. The installations and infrastructure will be located in the Norwegian sector.
The gas in Utgard has a high CO2 content, and will benefit from carbon cleaning and storage facilities at Sleipner.
Byrding
Recoverable volumes are projected at approximately 11 MMboe.
The Byrding development includes a duo-lateral well drilled from the existing Fram H-Nord subsea template, through which oil and gas from Byrding will flow to Troll C.
The duo-lateral well to be drilled is approximately 7 km long, the first kilometers being shared by the two laterals.
