NPD sanctions two more decades of service at Gullfaks B

Gullfaks B platform offshore Norway
(Photo courtesy Ole Jørgen Bratland - Statoil ASA)

Offshore staff

OSLO, Norway – The Norwegian Petroleum Directorate (NPD) has approved extended use of the B platform on the Gullfaks field in the North Sea until Jan. 1, 2036, when the production license is set to expire.

Gullfaks B came onstream in February 1988. In its application, operator Statoil claimed the facility could be operated profitably up to 2031 or possibly longer via IOR projects and other measures.

NPD believes continued operation of the platform is necessary to ensure recovery of Gullfaks’ remaining resources. The drilling rig was recently upgraded and new wells are being drilled from the facility.

In recent years Statoil has worked on recovering oil from the Shetland/Lista reservoirs overlying Gullfaks, and Gullfaks B could host new deposits in the area.

Block 34/10 was awarded to Statoil, Norsk Hydro and Saga Petroleum in 1978, with Statoil as operator. Current co-licensees are Petoro and OMV Norge.

Final consent to the lifetime extension remains contingent on approval from the Petroleum Safety Authority.

08/26/2016

Share your news with Offshore at news@offshore-mag.com

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

Making DDoS Mitigation Part of Your Incident Response Plan: Critical Steps and Best Practices

Like a new virulent strain of flu, the impact of a distributed denial of service (DDoS) attack is...

The Multi-Tax Challenge of Managing Excise Tax and Sales Tax

To be able to accurately calculate multiple tax types, companies must be prepared to continually ...

Operational Analytics in the Power Industry

Cloud computing, smart grids, and other technologies are changing transmission and distribution. ...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...