Centrica Submits Oda Field Development Plan

Partners in the Oda field, previously named Butch, located in the North Sea licence PL 405, have submitted its Plan for Development and Operation (PDO) to the Norwegian Ministry of Petroleum and Energy.

The Oda field was discovered in 2011, in the Norwegian North Sea, in shallow water approximately 13 kilometers east of the producing Ula field.

The proposed development will include a 4-slot seabed template with two production wells, and one water injection well, which will tie back to the Ula platform. Oil will be transported via the Norpipe system to the Teesside Terminal in the UK, while the gas will be sold at the platform to Ula for re-injection into the Ula reservoir to improve recovery.

This subsea tie-in will be reusing the existing Oselvar infrastructure from the Ula platform. Production from Oselvar will cease in order to allow Oda production to start and the Oselvar owners will be compensated accordingly, Faroe Petroleum explained.

The Oda partners, which include Centrica Norge (Operator 40%), Suncor Energy Norge (30%), Aker BP (15%) and Faroe Petroleum (15%) have worked over the last two years to reduce investment costs by over 40%. Expected investment has been reduced to around NOK 5.4 billion, with production scheduled to begin in 2019.

2P reserves from Oda are estimated to be 42 mmboe, of which 95% is oil and peak production is anticipated to be around 35,000 boepd.

 

Share this article

Follow Subsea World News

Events>

<< Sep 2017 >>
MTWTFSS
28 29 30 31 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 1

SUBSEA POWER CABLES

2-day seminar covering best practice and emerging technologies for cost-efficient subsea cable projects from conception to installation…

read more >

EEMUA subsea engineering course: materials selection and corrosion control

This two and a half day training course is recommended for both discipline and project focused engineers from a variety of backgrounds…

read more >

FUTURE OIL & GAS

Join senior executives from oil and gas majors, service companies, technology suppliers and industry experts at this year’s premier event…

read more >

Kuwait Oil & Gas Show

Kuwait Oil & Gas Show is the Kuwait International Fair Ground in Kuwait City, Kuwait. This event showcases product from Chemicals & Dyes, Electronics & Electrical Goods, Hand, Machine & Garden Tools, Petroleum, Oil & Gas, Power & Renewable Energy industries. More info

read more >