Oselvar oil field

Oselvar

Location of Oselvar

Country Norway
Region North Sea
Location/block 1/2, 1/3
Offshore/onshore Offshore
Coordinates 56°55′59″N 2°40′16″E / 56.93306°N 2.67111°E / 56.93306; 2.67111Coordinates: 56°55′59″N 2°40′16″E / 56.93306°N 2.67111°E / 56.93306; 2.67111
Operators Dong Norge AS
Partners Dong Norge AS (40%)
Bayerngas Produksjon Norge (30%)
Wintershall Norge ASA (15%)
Norwegian Energy Company ASA (Noreco) (15%)
Field history
Discovery 1991
Start of production expected in November 2011[1]

Oselvar (Norwegian: Olesvarfeltet) is an offshore oil field located 250 km (160 mi) southwest of Stavanger in the southern Norwegian section of North Sea, close to the British border.[1] Oselvar was discovered in 1991.[2] The field is also at 23 kilometres (14 mi) distance from Ula field to which it is tied up to via subsea pipeline.[3] Estimated reserves at Oselvar stand at 38 million barrels of oil[4] and 4 billion cubic metres (140×10^9 cu ft) of natural gas.[5] The water depth at location is 72 metres (236 ft).

Ownership

Dong Energy is the operator of the field with 40% of interest in the project. Production License 274 which covers the area of the field was given to the company in 2002.[5] Other partners are Bayerngas Produksjon Norge (30%), Wintershall Norge ASA (15%), Norwegian Energy Company ASA (Noreco) (15%). The total development cost is NOK 4.7 billion [3] In March 2009, Dong Energy expressed its willingness to buy Wintershall's full share of 15%.[6][7]

Production

Natural Gas from Oselvar burns on the Ula platform flare on April 14th, 2012

Oselvar has been developed with three production wells. Produced oil and gas is transported to the Ula field platform for processing via the Oselvar module. Once processed, the oil will be pumped via Norpipe system to Teesside, UK.[3] Although production was scheduled to start in November 2011,[1] production started on April 14, 2012.

See also

References

  1. 1 2 3 "The shelf in 2009 - Development". Norwegian Petroleum Directorate. 2010-01-10. Retrieved 2010-03-25.
  2. ↑ OLJEDIREKTORATET Norwegian Petroleum Directorate. Field: Oselvar
  3. 1 2 3 "Oselvar Field Development Plan Submitted to Norwegian Authorities". Rigzone. 2009-03-09. Retrieved 2010-03-25.
  4. ↑ "DONG sees Oselvar in Ipswich oil find". Scandinavian Oil and Gas Magazine. 2008-08-20. Retrieved 2010-03-25.
  5. 1 2 SubSeaIQ. Offshore Field Developments. Oselvar
  6. ↑ "Dong makes plans for Oselvar find". Upstream Online. NHST Media Group. 2009-03-09. Retrieved 2010-03-25.
  7. ↑ "DONG Energy submits development plan and increases equity in Oselvar". DONG Energy. 2009-03-09. Retrieved 2010-03-25.
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