Norway approves Wintershall’s plan for Maria field development and operation

Wintershall and its partners Petoro and Centrica have received approval by Norway’s Ministry of Petroleum and Energy for the plan for development and operation (PDO) for the Maria development, offshore Norway. The approved development solution for the Maria field involves two subsea templates located on the ocean floor tied back to several host installations in the area.

Under the approved development solution, the Maria reservoir will be linked via a subsea tieback to the Kristin, Heidrun, and Åsgard B production platforms. The Maria well stream will go to the Kristin platform for processing, while supply of water for injection into the reservoir will come from the Heidrun platform and lift gas will be provided from Åsgard B via the Tyrihans D field subsea template. Processed oil will be shipped to the Åsgard field for storage and offloading to shuttle tankers. Gas will be exported via the Åsgard Transport System to Kårstø.

A number of contracts have already been awarded for the Maria project, notably the subsea production system to FMC Kongsberg and the contract for pipeline and subsea construction to Subsea 7.

Investments in the Maria development are estimated at around 15.3 billion NOK (100%), including development drilling. Recoverable reserves on the field are estimated around 180 million barrels of oil equivalent (boe), of which the majority is oil. The planned production startup for Maria is in 2018.

The Maria field is located approximately 20 kilometers east of the Kristin field and about 45 kilometers south of the Heidrun field in the Halten Terrace in the Norwegian Sea. Wintershall Norge is the operator of the license with a 50% share. Petoro has a 30% share and Centrica Resources (Norge) owns the remaining 20%. Subject to approval by the relevant authorities and after closing of the transaction by the end of 2015, Tellus Petroleum will acquire 15% of the Maria development from Wintershall.

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