Alve Life Extension Gets PSAN Consent
Petroleum Safety Authority Norway (PSAN) has revealed that it has given Equinor consent to use the facilities on the Alve field beyond their original operating life.
Consent for operation of the Alve field was due to expire on December 31, 2021, PSAN noted. The organization has now granted consent for the use of the facilities on the Alve field until December 31, 2036.
Equinor applied for consent to extend the operating life of the facilities on the field in order to recover the remaining reserves from the asset, PSAN highlighted.
The Norwegian Sea Alve gas and condensate field was discovered in 1990 and came on stream in March 2009. Water depth in the area is 1,213 feet.
Last month, the Norwegian Petroleum Directorate (NPD) revealed that it had granted Equinor consent to use the facilities on the Tordis and Vigdis fields until December 31, 2036, and December 31, 2040, respectively. Consents were due to expire at Tordis in December 2019 and at Vigdis in March 2024.
Earlier this year, the NPD gave the go ahead for Equinor to use the C platform on the Gullfaks field in the North Sea until June 30, 2036. Gullfaks C was installed in May 1989 and started producing in January 1990. The design lifetime was 30 years.
To contact the author, email andreas.exarheas@rigzone.com
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
- ExxonMobil Racks Up Discoveries in Guyana Block Eyed by Chevron
- Oil Market Sentiment Has Improved Significantly
- EU, US Eye Collaboration on Nuclear Materials
- USA Driving Activity to Increase to All-Time Highs
- TC Energy to Sell Prince Rupert Gas Pipeline Project to First Nation
- EU Electricity Export to Ukraine Up 94 Percent in Two Years
- China Coal Output Falls for First Time since Government Ordered More
- BP Pulse Buys One of Europe's Largest Truck Stops
- UK CCUS Plans Outdated: Think Tank
- North America Enters Rig Loss Streak
- Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
- Chinese Mega Company Makes Major Oilfield Discovery
- EIA Drops 2024 Henry Hub Gas Price Forecast
- EIA and Standard Chartered Offer Up Latest Oil Price Predictions
- Red Sea Region Sees Another Watershed Incident
- Chevron Oil Project in Kazakhstan to Cost $48.5B
- OPEC Voices Encouragement after IEA Affirms Support for Oil Security
- Biden Govt Bares Strategy for Freight Charging, Hydrogen Fueling Infra
- Ukraine Hits Third Russian Refinery In Escalating Drone Strikes
- Rystad Looks at the Buzz Around White Hydrogen
- VIDEO: Missile Attack Kills Crew Transiting Gulf of Aden
- Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
- Chinese Mega Company Makes Major Oilfield Discovery
- What Is the Biggest Risk to Offshore Oil and Gas Personnel in 2024?
- Is Peak Oil Demand Close?
- Vessel Sinks in Red Sea After Missile Strike
- JP Morgan, Standard Chartered Reveal Latest Oil Price Forecasts
- Exxon Rights in Stabroek Do Not Apply to Hess Merger with Chevron: Hess
- Rystad Forecasts Net Production of Top Permian Producers in 2024
- Analysts Reveal Latest Oil Price Outlook Following OPEC+ Cut Extension