Equinor to extend life of Statfjord field

Jan. 9, 2020
Statfjord field operator Equinor and its partners have identified and approved plans to extend production from the North Sea field based on extensive subsurface mapping.

Statfjord field operator Equinor and area partners Var Energi, Spirit Energy Norway, Petoro, Idemitsu Petroleum Norway, and Wintershall Dea Norge have identified and approved plans to extend production from the North Sea field based on extensive subsurface mapping. A new business plan will defer decommissioning of Statfjord A, originally set for 2022, to 2027 (OGJ Online, May 2, 2019). The lives of Statfjord B and C will be extended beyond 2035.

About 100 new wells will be drilled towards 2030, requiring upgrades to the three platforms to maintain current production levels beyond 2025.

Operations will be reorganized with the establishment of a new late life unit. The new unit will also have responsibility for the decommissioning projects for the Veslefrikk and Heimdal installations.