Statoil has started production from the Visund North oil and gas field in the Norwegian sector of the North Sea.
The total recoverable reserves are estimated at 29MM boe and the total investment for the field development is NOK3.3 billion.
Image: Visund A platform, courtesey Statoil.
Visund North has been developed by a standard, four-well subsea template. The oil is transported in a new pipeline to the Visund A platform for processing via a pipeline manifold and a new subsea safety integrity valve under the platform.
Visund North is the sixth project to start production in Statoil's 12 "fast track” project portfolio.
The five fast track field developments in production in addition to Visund North are Skuld, Stjerne, Vigdis North-east, Hyme and Visund South.
The seven remaining developments in the fast track portfolio are Vilje South, Fram H-North, Svalin C, Gullfaks South oil, Oseberg Delta 2 and Gullfaks Rimfaksdalen.
These 12 fast track field developments are scheduled to produce 200,000 boe/d within the end of 2014, whereof Statoil’s share is 100,000 boe/d.
“Production from Visund North is a significant part of the production from the Visund field and contributes to the extension of the economic lifetime of the Visund A platform. In addition new resources in the northern Visund area has been proved with the Rhea discovery in January 2013 which was drilled by an exploration pilot from one of the Visund North wells,” says Tom Karsten Gustavsen, Statoil vice president for Kvitebjørn, Visund and Grane.
