URD

Discovery year
2000
Wellbore
Status
Producing
Licence

Operator:

Equinor Energy AS

Area:

Norwegian Sea

Production start:

08.11.2005

Historical investments per 31.12.2017:

8 182 MILL NOK (nominal)

Future investments from 2018:

504 MILL NOK (real 2018 NOK)

PRODUCTION FROM THE FIELD

Source: The Norwegian Petroleum Directorate

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PRODUCTION FROM THE FIELD

Development

Urd is a field in the Norwegian Sea, five kilometres northeast of the Norne field. The water depth in the area is 380 metres. Urd was discovered in 2000, and the plan for development and operation (PDO) was approved in 2004. The field has three deposits: Svale, Svale Nord and Stær. The Urd field has been developed with subsea templates tied-back to the Norne production, storage and offloading vessel (FPSO). Production started in 2005.

Reservoir

Urd produces oil from Lower to Middle Jurassic sandstone in the Åre, Tilje and Ile Formations. The reservoir depth is 1,800-2,300 metres.

Recovery

The field is produced by water injection. In addition, the wells are supplied with gas lift to enable continued production even at low reservoir pressure and high water cut.

Transport

The well stream is processed on the Norne FPSO, and oil is buoy-loaded together with oil from the Norne field. The gas is sent from Norne to Åsgard, and then exported via the Åsgard Transport System (ÅTS) to the Kårstø terminal.

Status

Oil production from Svale started in 2005, from Stær in 2006 and Svale Nord in 2016. Production performance has been close to expectation. Ongoing activities include updating of the reservoir models to quantify remaining reserves, and identifying and maturing possible measures for increased recovery. A life time extension of the Norne FPSO is planned to increase value creation from the Norne field and its satellites.

ACCRUED INVESTMENTS IN NOMINAL NOK

Source: The Norwegian Petroleum Directorate

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ACCRUED INVESTMENTS IN NOMINAL NOK

NPD's CURRENT RESOURCE ESTIMATES

All numbers in mill. Sm3 o.e.

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NPD's CURRENT RESOURCE ESTIMATES – All numbers in mill. Sm3 o.e.
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OWNERS

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OWNERS

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