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Svalin development offshore Norway approved

Development of Svalin oil field in the North Sea offshore Norway has received approval of the Norwegian Ministry of Petroleum and Energy (OGJ Online, June 15, 2012).

Statoil, the operator with a 57% interest, said production from Svalin M, one of two structures in the field, will start in late 2013 from a well drilled from the Grane platform about 6 km northeast. Production from Svalin C, the other structure, will begin in 2014 through a well completed subsea and connected to the Grane platform with a 6-km flowline.

Compression facilities on the Grane platform will be modified to accommodate Svalin natural gas.

The field, in 125 m of water, holds reserves estimated at 75 million bbl of oil, about equally split between the structures. Its development, the ninth in Statoil’s fast-track scheme, will extend the life of Grane, where production is declining, to 2013, Statoil said.

Other interests are Petoro 30% and ExxonMobil 13%.

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