Spirit Energy Brings Oda Online
Spirit Energy has started oil production on the Oda field almost five months earlier than originally planned.
Oda, which was scheduled for output commencement on August 1, is the company’s first development as operator on the Norwegian Continental Shelf. Recoverable reserves at the field are estimated at about 33 million barrels of oil equivalent and peak daily production is expected to reach nearly 35,000 barrels.
Spirit Energy discovered Oda in 2011 in the southern part of the Norwegian sector of the North Sea. The field is developed with a subsea template tied in to the Ula platform, which is around eight miles away.
Oda oil is exported to Ekofisk and then onward in Norpipe to the Teesside terminal in the UK. The gas from Oda is injected into the Ula reservoir to improve oil recovery from the Ula field.
“Norway is a key region for our business and we have now reached production start for our first development project as operator on the Norwegian Shelf, without serious incidents. When we are also well ahead of schedule and well below budget, there is every reason to be proud,” Spirit Energy Norway Managing Director, Rune Martinsen, said in a company statement.
UK-headquartered Spirit Energy has a 40 percent interest in Oda. The partners are Suncor Energy Norge (30 percent), Faroe Petroleum (15 percent) and Aker BP (15 percent).
Spirit Energy describes itself as one of Europe's top independent oil and gas operators. The company, which was created in 2017 following the combination of Centrica’s Exploration & Production business and Bayerngas Norge AS, employs more than 800 people, according to its website.
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