Statoil and partners to develop Snefrid Nord in the Norwegian Sea

Statoil and partners have decided to develop the Snefrid Nord gas discovery near the Aasta Hansteen field in the Norwegian Sea. The discovery, scheduled to come on stream in late 2019, will be tied back to Aasta Hansteen, the Norwegian state-owned company said in a press release.

The authorities therefore today received a supplement to the Plan for Development and Operation (PDO) of the Aasta Hansteen field describing the Snefrid Nord development.

Aker Solutions, the supplier of subsea equipment for the Aasta Hansteen development, will also deliver the single-slot subsea template, a suction anchor and umbilicals for the Snefrid Nord development.

The subsea template and suction anchor mooring it to the seabed will be delivered by Aker Solutions at Sandnessjøen.

The umbilicals will be delivered by Aker Solutions in Moss.

Subsea 7 will deliver flowlines and spools in addition to performing all subsea installations. They are also the supplier for Aasta Hansteen, and by using the same supplier for both projects Statoil expects to capture synergies.

All contracts are subject to MPE (Ministry of Petroleum and Energy) approval of the supplement to the Aasta Hansteen PDO.

Snefrid Nord was discovered in 2015. Recoverable reserves are estimated at about five billion cubic metres of gas. The development concept includes one well in a single-slot subsea template. This will be tied back to the Aasta Hansteen platform through the Luva template six kilometres away.  Snefrid Nord will produce some four million cubic metres of gas per day in the plateau phase, the planned productive life being 5-6 yea

The capital expenditures for the Snefrid Nord development total about NOK 1.2 billion.

Statoil Petroleum ASA is operator with an interest of 51 percent. The partners are Wintershall Norge AS (24%) OMV Norge AS (15%) and ConocoPhillips Skandinavia AS (10%); Water depth: 1 312 meters.