Statoil expects production to begin in 2017 from two reservoirs, which together hold reserves of 250 million bbl. The field will produce into a ship-shaped floating storage and offloading unit at a plateau rate of 55,000 b/d.
The Paleocene Maureen formation, at 1,492 m, holds 14.2° gravity oil with viscosity of 67 cp at reservoir conditions. Oil in the Paleocene Heimdal reservoir, at 1,227 m, is 12.1° gravity and 508 cp.
Drilling to 130 subsurface targets for production or injection will occur from the platform under a contract to Odfjell Drilling and from a Noble Corp. jack up rig under construction. It will involve multibranch technology, sidetracks, and reuse of slots.
Statoil holds a 65.11% interest in the project. JX Nippon Exploration & Production (UK) Ltd. holds 28.79%, and Dyas Mariner Ltd. holds 6%.