Project Profile

Location: Block 16/1 in the North Sea, Norway
Reserves: 204 million barrels of oil equivalents
Production: 25,000 bopd
Awarded: 15 December 1999 / 4 June 1999
License expires: 1 December 2011 / 4 June 2035
Start-up Year: December 2016

Drilling of exploration well 16/1-9 with Bredford Dolphin in the Draupne Prospect was completed in April 2008. Oil and gas was found in a 44-meter thick sandstone from the mid-Jurassic period. The oil discovery is among the largest on the Norwegian shelf in later years. Draupne could give Det norske a daily production of 25,000 barrels. Det norske is in dialogue with its license partners in Draupne to find the best technical field development solution. The work on a PDO is in progress. Two alternatives are being considered; a subsea template, and a FPSO in combination with a wellhead platform.

In 2015, drilling rig Maersk Interceptor commenced the drilling programme on the Ivar Aasen field in the North Sea. The campaign has a duration of three years and comprises a total of 15 wells in addition to three pilot wells. The drilling of pilot wells will be concluded by the summer of 2015. The drilling campaign on Ivar Aasen will be carried out by the drilling rig Maersk Interceptor, the world’s largest jack-up rig. The rig has been contracted by Det norske for a period of five years, with an option of additional two years. The Ivar Aasen field is planned developed with a total of 15 wells; eight production wells and seven water injection wells. The Ivar Aasen field comprises three deposits: Ivar Aasen, West Cable and Hanz. Ivar Aasen is located west of the Johan Sverdrup field and contains 210 million barrels of oil equivalents. Production start-up is planned for the fourth quarter of 2016. The economic life of the field may be 20 years, depending on oil price and production trends.


Operators:

Det Norske Oljeselskap: Operator with 35% interest

Statoil Petroleum: 50% interest

Bayerngas Produksjon Norge AS: 15% interest


Contractors:

Aibel: Maintenance, modification and operational support services

Aker Solutions: FEED contract

Apply Leirvik: Supply the accommodation module for Det norske oljeselskap and build the living quarters

Apply Nemo: Remote tie-ins on flowlines

Borgland Dolphin: Drilling contract

EMAS AMC: EPCI contract for rigid pipe-lay and related subsea work

Fred. Olsen Energy ASA: Drilling contractor

JP Kenny: Detail engineering on the pipeline

Maersk Drilling: Drilling contractor with contract extension June 2013

MAN Diesel & Turbo: Provide high-speed, oil-free, integrated motor compressor

Prosafe: Deploy its accommodation semi-submersible Safe Scandinavia

Ross Offshore: to support drilling operations, consultancy work

Saipem: Supply of the steel jacket

Sembcorp Marine: Build a offshore platform integrated topside

Siemens: Power and communications systems for the new platform, including deliveries of a complete integrated electric power, instrumentation, controls, and communication system

Wärtsilä: supply its vessel internal electrostatic coalescer (VIEC) systems for three new oil field developments in the North Sea

Wood Group Mustang: Topsides detailed engineering and design of platform

Plexus Holdings: Purchase order (‘PO’) from Det Norske Oljeselskap ASA (‘Det Norske’) to supply surface wellhead and mudline equipment services for Geopilot#2, an oil and gas appraisal well on the Ivar Aasen development project, offshore Norway. Geopilot#2 will be the seventh Det Norske well to use Plexus’ POS-GRIP wellhead equipment since 2012. The value of the latest order is estimated at approximately £0.9 million (US$1.41 mln) with revenues expected to commence in February 2015.

Fugro: Awarded a three-year contract for integrity management support (IMS) from Det Norske (2016)

Subcontractors:

Fugro: Contracted by Emas Chiyoda Subsea  to deploy its Q1400 trenching system. The trencher will operate in jetting mode for burial of pipelines, power cables and umbilicals. (June 2016)