Wednesday, June 29, 2011
Statoil
Just six weeks after the plan for development and operation (PDO) for Hyme (ex-Gygrid) was submitted on May 12, the Norwegian Ministry of Petroleum and Energy (MPE) has given the green light. First oil is scheduled for the first quarter of 2013.
The approval was given the same day as Norwegian petroleum and energy minister Ola Borten Moe presented the main elements of the Norwegian government’s petroleum report. One of the areas mentioned in the report was the aim for quicker PDO decision-making processes.
The Hyme PDO is the fourth fast-track development submitted to the MPE this year, following Visund South, Vigdis Northeast and Katla.
"The approval of Hyme in record time shows that fast-track developments now are accepted as an important approach to infrastructure-led discoveries on the Norwegian continental shelf (NCS). By reducing the time from discovery to first oil by means of standardized solutions, we make small-size discoveries profitable," said Ivar Aasheim, Statoil’s senior vice president for NCS field development.
Discovered in June 2009, the Hyme field is located 19 kilometers north-east of the Njord field on the Halten Terrace.
The development calls for a production well and a water injection well through a subsea template with four well slots. The field will be tied in to existing infrastructure on the Njord A platform, which has idle processing capacity.
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