Stavanger, 28 June 2023
Green light for three new developments
The Norwegian Ministry of Petroleum and Energy has approved the development plans for the Dvalin North field, the second phase of the Maria field, and the Symra field. These developments will add net reserves of over 20 million barrels of oil equivalent (mmboe) to Sval Energi.
CEO of Sval Energi Nikolai Lyngø said: “Dvalin, Maria and Symra are developments that fit our strategy perfectly. By using existing infrastructure, we can carry out efficient developments, get into production quickly and produce energy with low carbon emissions while creating value.
“Maria Phase 2 will add resources and extend the lifetime of the field, probably until 2040.”
The Dvalin North gas field will be developed as a tie-back to the nearby Heidrun platform via the Dvalin field. The plan is to drill three producing wells from a subsea template located 10 kilometres to the north of the existing Dvalin field.
The operator estimates the field to contain around 84 million barrels of oil equivalent and is planned for start-up in the second half of 2026. Sval Energi owns 10% of the field. Wintershall Dea is operator with a 55% share while Petoro has 35%.
Maria Phase 2
Maria Phase 2 involves the installation of a six-slot template in the southern part of the Maria field. The new template taps into infrastructure that was already developed as part of the original two-template Maria field. The template is planned to accommodate two producing wells and one water injector for pressure support. Three spare slots will be available for future development of the field.
The operator estimates the project to add around 22 million barrels of oil equivalent to the total field reserves. The partnership has also approved a fourth well that will contribute with an estimated 5 million barrels of oil equivalent. Maria came on stream in 2017, and expected lifetime is 2040.
Sval Energi has a 20% share in the Maria field. Wintershall Dea is operator with a 50% share, while Petoro has 30%.
Symra will be developed as a subsea tie-back to the Ivar Aasen platform. Four wells will be drilled through a 4-slot subsea template. The wells will get gas-lift from the Edvard Grieg platform through Ivar Aasen. Both platforms involved in the Symra development are powered from shore.
The operator estimates recoverable resources at Symra to around 50 million barrels of oil equivalent. Production start is scheduled for the first quarter of 2027. Sval has a 20% share in Symra. Aker BP is operator with a 50% share, while Equinor has 30%.
Tom Gederø, VP Communications
Mobile: (+47) 922 47 082