STAVANGER, Norway -- Statoil has submitted an $815-million plan for development and operation (PDO) for its Hyme discovery in the Norwegian Sea. Assuming approval from Norway’s Ministry of Petroleum and Energy (MPE), first oil is scheduled for early 2013.
This is the company’s fourth fasttrack development plan to be submitted so far this year. Earlier PDOs were issued for Visund South, Vigdis North-East, and Katla.
“By halving the time from the discovery to first oil by means of standard solutions, smaller discoveries become profitable,” said Ivar Aasheim, head of Statoil’s field development on the Norwegian continental shelf.
Hyme, formerly known as Gygrid, is an oil field situated on the Halten Terrace. Development will include a production well and a water injector drilled via a four-slot subsea template.
The field will be tied back to the Njord A platform, which has spare processing capacity.
“Tying in Hyme will extend Njord’s productive life from 2015 to 2020,” said Arve Rennemo, head of Njord operations.
Hyme, discovered in June 2009, is 19 km (11.8 mi) northeast of the Njord field in 250 m (820 ft) of water. Recoverable reserves are estimated at 24 MMboe, mostly oil.
Most of the major contracts, aside from modifications to Njord A, already are awarded. FMC is responsible for supplying the subsea production system; Nexans is providing the umbilical, and NKT the flexible risers. Subsea 7 will install the subsea template, and Technip the pipelines and other manned installations.
Statoil to take Hyme through Njord