Norway: Statoil operator of Sverdrup pre-unit

March 27, 2012
Statoil ASA has been chosen as working operator for the pre-unit development phase of Johan Sverdrup field in the North Sea offshore Norway.

Statoil ASA has been chosen as working operator for the pre-unit development phase of Johan Sverdrup field in the North Sea offshore Norway.

In tandem with development studies, negotiations will progress regarding a unitization agreement between the various licensees.

Statoil is operator of PL265 with 40% interest, Petoro has 30%, Det Norske Oljeselskap 20%, and Lundin Norway 10%. Lundin Norway is operator of PL501 with 40% interest, Statoil has 40%, and Maersk Oil Norway AS has 20%.

The companies’ main focus is to deliver a common field development plan to the Norwegian authorities for sanctioning by the government. The pre-unit agreement also covers data exchange in the respective production licensees.

About the Author

Alan Petzet | Chief Editor Exploration

Alan Petzet is Chief Editor-Exploration of Oil & Gas Journal in Houston. He is editor of the Weekly E&D Newsletter, emailed to OGJ subscribers, and a regular contributor to the OGJ Online subscriber website.

Petzet joined OGJ in 1981 after 13 years in the Tulsa World business-oil department. He was named OGJ Exploration Editor in 1990. A native of Tulsa, he has a BA in journalism from the University of Tulsa.