Oseberg Sør J will be developed with a subsea template with two production and two water injection wells linked to the platform. The template and pipelines will be installed in the summer of 2004, and drilling is planned to start in August 2004.
Production start is planned for October 2004, and the field will have a peak production of 21,000 barrels oil per day. The forecast recoverable reserves are calculated at 3.8 million Sm3 oil and 0.49 million Sm3 gas. The development has a cost frame of around NOK 1.4 billion.
Parters are Norsk Hydro as operator with 34%; Petoro with 33.6%; Statoi with 15.3%; TotalFinaElf Exploration Norge with 10%; Mobil Development Norway with 4.7%; and Norske Conoco with the remaining 2.4%.
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