Byrding oil, gas field on stream in North Sea
Statoil ASA reported that Byrding oil and gas field is on stream in the North Sea
North of Troll field, Byrding’s recoverable volumes are estimated at 11 million boe. Byrding includes a two-branch multilateral well drilled from the Fram H-Nord subsea template. It is about 7 km long and split into two branches after a few km, Statoil said.
Oil and gas flow to Troll C for processing. Oil is routed to Mongstad and gas to Kollsnes via Troll A.
“Good utilization of existing infrastructure has resulted in a cost-effective development that will add profitable resources to the Troll field,” said Gunnar Nakken, senior vice-president for Statoil.
Partners have invested about 1 billion kroner in Byrding.
Operator Statoil has 70% interest, Engie E&P Norge AS 15%, and Idemitsu Petroleum Norge AS 15%.