Non-operated, 15% interest

Hanz is an oil and gas discovery that will be tied into the Ivar Aasen platform situated about 12 kilometres further south. The development will include one production well and one water injection well, and reuse of the subsea production systems from the Jette field.

Hanz was discovered in 1997 and the plan for development and operation (PDO) was approved in 2013. Total reserves are around 20 mmboe recoverable.

After initial processing on the Ivar Aasen field, the well stream will be transported to the Edvard Grieg field for final processing and export. The field is under development and the production is planned to start in 2024.