Project Profile
Value: Undisclosed
Location: 200km offshore the Norwegian North Sea, in production licence 134b
Production: 27,000boe per day (peak) 11,600 boepd (Net to Statoil 2016)
Reserves: 70 million barrels of oil equivalent (boe)
Start-up Year: August 2010
Water Depth: 380 metres
Located 200km offshore the Norwegian North Sea, the Morvin oil and gas field lies in production licence 134b. The field is owned by Statoil (64%), ENI (30%) and PGNiG Upstream International (6%), with Statoil as operator. Statoil initially owned 50% in Morvin, while 14% was held by Hydro. Following the merger of Hydro with Statoil, the latter\'s stake in the field increased to 64%. The field was brought onstream in August 2010. The Morvin field was discovered in 2001 when Statoil found light crude in an exploration well dug at the site. Five years after the field\'s discovery, the company started drilling an appraisal well (6506-11 / 8) in March 2006. The well was drilled by the West Alpha rig. Drilling was complete by June 2006 and confirmed the presence of oil in the Halten Bank area. The well is located at a water depth of 380m. Statoil estimates that the Morvin field contains recoverable reserves of 70 million barrels of oil equivalent (boe). The production period is estimated to be 14 years. The Morvin field produced 27,000boe per day during peak production. By 2016, it was producing 11,600 boepd net to Statoil. The field development plan for Morvin included three production wells to be drilled initially. The wells are designated as 6506 / 11-A-1 H, A-2 H, A-3 H. Statoil later decided to add another production well. The fourth production well is designated as 6506 / 11-B-3 H. Statoil submitted the Plan for Development and Operation (PDO) of the field to the Norwegian Ministry of Petroleum and Energy on 15 February 2008. The PDO was approved on 25 April 2008.
Operators:
Statoil: Operator with 64% interest
ENI: 30% interest
PGNiG Upstream International: 6% interest
Contractors:
Aker Kvaerner Subsea: Subsea production system
Baker Hughes: Provide integrated drilling services
Seadrill: Provider and owner of the West Alpha rig