ConocoPhillips Skandinavia AS has been granted consent by the Norwegian Offshore Directorate to start up Eldfisk Nord in production license (PL) 018, Block 2/7, in part of the Greater Ekofisk Area of the North Sea. Start-up is expected during first-quarter 2024.
Eldfisk Nord, targeting additional resources in Eldfisk field, consists of two seabed templates for production and one for water injection with a total of nine production wells and five injection wells (OGJ Online, Nov. 27, 2023).
Resource potential is projected to be 50-90 million bbl of oil. The investment amounts to nearly $1.24 billion.
ConocoPhillips is operator at PL 018 with 35.221% interest. Parnters are Petroro AS (5%), Sval Energu AS (7.604%), TotalEnergies EP Norge AS (39.896%), and Vår Energi ASA (12.388%).
