The project includes plans to drill 40 new production and water injection wells. One of four predrilled wells is currently online, with the remaining three anticipated to come on stream this month.
The company says production from the field will ramp up over the next 3 years as additional wells are brought online.
The Greater Ekofisk area, 200 miles offshore Stavanger, encompasses the producing Ekofisk, Eldfisk, Embla, and Tor fields. Crude oil from Greater Ekofisk’s producing fields is exported via pipeline to Teesside, England, and natural gas flows via pipeline to Emden, Germany.
“Eldfisk II joins Ekofisk South as the second major project startup in Norway since late 2013 (OGJ Online, Oct. 28, 2013),” said Matt Fox, ConocoPhillips executive vice-president, exploration and production.
“These projects will increase ultimate resource recovery and extend the field life of this premier legacy asset for years to come,” said Fox. Eldfisk II, along with Ekofisk South and other projects offshore Norway, will add 60,000 boe/d to the company’s production volumes by 2017.
ConocoPhillips operates the Greater Ekofisk area with 35.1% interest alongside Total SA 39.9%, Eni SPA 12.4%, Statoil ASA 7.6%, and Petoro 5%.