Looking for a specific product?

Make a search for products & suppliers, articles & news.

New Fram field yields 10 million barrels

Together with its partners, Statoil reports it is recovering approximately 10 million barrels of oil equivalent on the Fram H North structure.

This is made possible through the construction of a seabed template which is connected to the A2 template on Fram West, which transports production on to the Troll C platform. Fram H North is the tenth fast-track project in Statoil's portfolio.

"This project, which is one of the smallest fast-track developments on the Norwegian continental shelf, was made possible by means of standard solutions and fast-track principles to reduce time and costs," says Halfdan Knudsen, project manager for field development in Statoil.

"The development of this field may be a door opener for new developments in the area as the licence partners have approved the installation of a 4-slot standard template to be used for additional targets or for tying back prospects in the event of discoveries. We're excited about our continuing progress and optimistic with regard to what we'll get out of this," adds Knudsen.

Provisional estimates indicate that the field contains recoverable reserves of roughly 10 million barrels of oil equivalent. The installation of all the seabed equipment and laying of pipelines and control cables is planned for the summer of 2013. Drilling, which is due to start in the fourth quarter of 2013, will involve a well with two branches for the optimal draining of the proven reservoir.

Associated companies:


Related news

Latest news

SAR Celebrates 2nd anniversary in Kuwait

SAR Celebrates 2nd anniversary of operation in Kuwait.

SAR AS Celebrates 30 years of operation!

The history of SAR goes 50 years back to the late 1960s with the company Septik Tank Co. 

Ready to conquer the world with Hansen Protection Helicopter pilot suits

In 2017, for the first time in the history of helicopter sport, the World Cup in Helicopter Races is going to be held. It is going to take place in 7 countries, and starts on Friday April 7th in Konakovo, Russia.

SeaBass Fisherman's Work / Flotation Suit

SeaBass is a waterproof, buoyant work suit for anyone working on or around water.

Improved Surface Rescue Preparedness can Save Lives

A significant part of the Norwegian fire and rescue services lack good apparel for use in surface rescue operations. This can mean the loss of valuable time in rescue operations in water, and experts now call for a change ...

Historical contract for Norwater AS!

The excitement was at its height at Norwater AS in Høylandsbygd on Wednesday last week. The company signed its biggest contract in history, in strong competition with both Norwegian and foreign competitors. The order book ...

Export Credit Norway Finances Production of Ready-to-use Therapeutic Foods in South Africa

Since being founded in 1948, the Norwegian company GC Rieber Compact has developed into a leading supplier of ready-to-use therapeutic foods to customers such as Doctors Without Borders, the Red Cross, the World Food Progr...

Peru Corporate Day

On 26th September, Oslo Chamber of Commerce will for the first time receive a technological business delegation from Peru to Norway, led by PROMPERÚ.

New contract for delivery of Servogear CPP

The Servogear installation includes CPP propellers,