ConocoPhillips gains consent to start Eldfisk Nord
ConocoPhillips Skandinavia AS has been granted consent by the Norwegian Offshore Directorate to start up Eldfisk Nord in production license (PL) 018, Block 2/7, in part of the Greater Ekofisk Area of the North Sea. Start-up is expected during first-quarter 2024.
Eldfisk Nord, targeting additional resources in Eldfisk field, consists of two seabed templates for production and one for water injection with a total of nine production wells and five injection wells (OGJ Online, Nov. 27, 2023).
Resource potential is projected to be 50-90 million bbl of oil. The investment amounts to nearly $1.24 billion.
ConocoPhillips is operator at PL 018 with 35.221% interest. Parnters are Petroro AS (5%), Sval Energu AS (7.604%), TotalEnergies EP Norge AS (39.896%), and Vår Energi ASA (12.388%).
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Alex Procyk | Upstream Editor
Alex Procyk is Upstream Editor at Oil & Gas Journal. He has also served as a principal technical professional at Halliburton and as a completion engineer at ConocoPhillips. He holds a BS in chemistry (1987) from Kent State University and a PhD in chemistry (1992) from Carnegie Mellon University. He is a member of the Society of Petroleum Engineers (SPE).