Norway: Statoil operator of Sverdrup pre-unit

By OGJ editors

Statoil ASA has been chosen as working operator for the pre-unit development phase of Johan Sverdrup field in the North Sea offshore Norway.

In tandem with development studies, negotiations will progress regarding a unitization agreement between the various licensees.

Statoil is operator of PL265 with 40% interest, Petoro has 30%, Det Norske Oljeselskap 20%, and Lundin Norway 10%. Lundin Norway is operator of PL501 with 40% interest, Statoil has 40%, and Maersk Oil Norway AS has 20%.

The companies’ main focus is to deliver a common field development plan to the Norwegian authorities for sanctioning by the government. The pre-unit agreement also covers data exchange in the respective production licensees.

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


Maximizing Operational Excellence

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

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...