Marathon wins sanction for Bøyla offshore Norway

Offshore staff

STOCKHOLM, Sweden – Marathon Oil has approval from the Norwegian Ministry of Petroleum and Energy to develop the Bøyla field in the Norwegian North Sea.

First production from the field in license PL 340 is expected in 4Q 2014, according to partner Lundin Petroleum. At peak output should reach 19,000 boe/d. Estimated reserves are 21 MMboe.

The field will be developed as a subsea tieback to the Alvheim FPSO – the Alvheim field is 28 km (17.4 mi) to the north.

Conoco Philips Skandinavia is the project’s other partner.

10/26/2012

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...