NEW field projects and actions to increase oil&gas production are expected to add 600,000 barrels oil equivalent per day to StatoilHydro’s production from the Norwegian Continental Shelf (NCS) by 2015, according to Hege Marie Norheim, the group’s head of reserves and business development on the NCS.
She said speed and standardisation would be “key” to future success.
“Our goal is to realise the short-term resource and value potential of all our producing fields while putting considerable efforts into developing new projects and business opportunities in order to sustain the production level on the NCS in the long term,” Norheim said at Offshore Northern Seas in Stavanger late-August.
Detailing StatoilHydro’s strategy for bringing on the extra barrels, Norheim said half of the projected 600,000bpd would come from the Gudrun, Trestakk, Valemon, Astero, Peon, Luva, Lavrans and Dagny fields.
Dagny is among the most exciting projects in the pipeline as the field is linked with nearby Ermintrude and it was said at ONS that a 200million barrels development is in prospect.
In parallel, projects to enhance recovery from fields that are already onstream will account for 40-50% of StatoilHydro’s total new production on the NCS in the next five to 10 years.
“Enhanced recovery and extension of the life of fields and facilities onstream are critical to maximising the value of the petroleum resources on the NCS,” said Norheim.