Wintershall’s Skarfjell FID set for first half of 2018

Wintershall could make a Final Investment Decision on its Skarfjell field development offshore Norway sometime in the first half of 2018.

This was shared on Tuesday by Cairn, a partner in the Wintershall-operated Skarfjell development through its subsidiary Capricorn Norge

Cairn said that that the joint venture was targeting the final investment decision (FID) for the first half of next year.

The JV has already selected a field development concept back in February as a subsea tie back to the nearby Gjøa platform. The FEED work has also begun.

Engie-operated Gjøa is a semi-submersible production unit with full processing and export capabilities. It is operated with power from shore – through a 100 km long submarine cable from Mongstad.

Skarfjell

Skarfjell is situated in the northeastern North Sea offshore Norway, approximately 20 kilometers southwest of the Engie-operated Gjøa platform and about 130 kilometers northwest of Bergen.

The field is a light oil development which also offers significant adjacent acreage opportunities with tie back opportunities.

According to estimates, Skarfjell is expected to yield between 60 – 140 million barrels of oil equivalents.

The majority of the Skarfjell discovery is located in license PL 418, with a possible extension into PL 378. In PL 418, the operator, Wintershall Norge has 35 percent, Capricorn Norge (part of Cairn Energy) 20 percent, Bayerngas Norge 20 percent, Edison Norge 15 percent, and DEA Norge 10 percent.

In PL 378, Wintershall Norge has 62.5 percent, Capricorn Norge 20 percent, and Repsol Norge 17.5 percent.

 

Share this article

Follow Offshore Energy Today

Events>

<< Dec 2019 >>
MTWTFSS
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

Africa Oil Week 2020

For over 25 years Africa Oil Week has been the meeting place for Africa’s most senior E&P stakeholders.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

2020 EXPLORATION AND PRODUCTION STANDARDS CONFERENCE ON OILFIELD EQUIPMENT AND MATERIALS

The development of consensus standards is one of API’s oldest and most successful programs.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply