Statoil, Partners Submit Plan for Visund South
The partners in the Visund South development have submitted a plan for development and operation (PDO) to the Ministry of Petroleum and Energy. The fast-track development will consist of a subsea template with four well slots, where three wells will be completed and tied-back to the Gulfaks C platform for processing. Gullfaks C will then transport the hydrocarbons for further exportation.
Production is expected to commence in the third quarter of 2012. Visund South, consisting of the Pan and Pandora discoveries, is located 10 kilometers from both Gullfaks C and the Visund A platform. Statoil operates the field, owning a 53.20% interest; Petoro owns 30%; ConocoPhillips owns 9.10%; and Total owns 7.7%.SubseaIQ provides focused, in-depth coverage of offshore field development activities around the world, with daily updates on hundreds of offshore fields and facilities. Click here to sign up for the free weekly email newsletter.
Operates 1 Offshore Rigs
- Sharp Fall In Applications For Norway's Arctic Oil Permits (Dec 05)
- Statoil Greenlights $6B Flagship Arctic Oil Project (Dec 05)
- Partners to Invest in New Gas Module at Troll C Platform (Nov 07)