StatoilHydro to Use Veslefrikk Beyond Original Design Lifetime

StatoilHydro has been granted consent to use the facilities on the Veslefrikk field in the North Sea until 2020.

The Veslefrikk field was approved for development in 1987 and came on stream production in 1989. According to the original plan for development and operations (PDO), field production was to terminate this year.

But Veslefrikk still contains large quantities of oil and gas. At the end of 2008 remaining recoverable reserves totalled 6.3 million standard cubic meters (Sm)3) of oil and 1.6 standard cubic meters of gas.

Following an application from StatoilHydro, the Petroleum Safety Authority Norway has now granted the licensees consent to use the facilities on the Veslefrikk until the end of 2020.

The consent includes the facilities Veslefrikk A, Veslefrikk B, the oil pipeline from Veslefrikk to Oseberg and the gas pipeline to Statpipe.

Through the Veslefrikk 2020 project, StatoilHydro and the other licensees studied the possibilities for extending the lifetime of the field. The licensees have carried out analyses, studies and condition assessments of structure, equipment, systems and components at the facility. Scheduled robustness measures for platform systems and drilling modules have also been defined.

Consent for the use of Veslefrikk until 2020 is granted pursuant to Regulations relating to material and information in the petroleum activities, the Information Duty Regulations, Section 5 Letter F of the regulations.