ConocoPhillips Skandinavia AS will develop the Previously Produced Fields (PPF) project in the Greater Ekofisk Area (GEA) in the North Sea.
The PPF Project is a joint redevelopment of the Albuskjell, Vest Ekofisk, and Tommeliten Gamma fields, with recoverable gas condensate resources estimated at 90-120 MMboe.
The project consists of Albuskjell and Vest Ekofisk fields in license PL018B/F and Tommeliten Gamma field in license PL044/D. This redevelopment of the gas condensate fields is enabled through better well placement and the use of horizontal well technology.
Four new subsea templates and 11 production wells will tie back to the Ekofisk Complex with a shared mutiphase pipeline. First gas production is planned for fourth-quarter 2028.
Certain ownership changes are under way. ConocoPhillips operates both PL018B/F and PL044/D. The ownership post transactions will be ConocoPhillips with 35.1% interest in PL018B/F and 28.3% interest in PL044/D.
Other partners include Vår Energi AS (52.3% in PL018B/F and 9.1% in PL044/D), Orlen Upstream Norway AS (7.6% in PL018B/F and 62.6% in PL044/D), and Petoro (5% in PL018B/F).
Following submission of PDOs, the PPF Project is subject to final regulatory approvals.