NPD Processes Rutil Development Plan

The Norwegian Petroleum Directorate reported Friday that it has processed the plan for development and operation (PDO) for the Rutil discovery in the Gullfaks Rimfaksdalen area of the North Sea. The NPD said that production start-up for the field is now scheduled for the first quarter of 2017.

Rutil (designated 34/10-53S) is a gas discovery that operator Statoil and its partners plan to develop as a subsea project, tying in the field to existing infrastructure on the Gullfaks A facility – which has available processing capacity.

The rutil discovery was made in the western part of the Gullfaks South area. Statoil estimates recoverable reserves from the field at 80 million barrels of oil equivalent, mostly composed of gas.

Statoil holds a 51-percent stake in the Rutil field, with Petoro and OMV holding 30 percent and 19 percent respectively.



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