Equinor has received a consent from the Norwegian Petroleum Directorate to start-up the Utgard field in the North Sea.
Equinor, who is the operator of the field, is planning start-up during the course of September 2019.
The field is located on the border with the UK, and the Norwegian share is 62 per cent.
The production will take place from two wells from a subsea template linked to the Sleipner T process platform with a pipeline and a communications cable. Modifications have also been made on Sleipner T in order to process the wellstream from Utgard.
Investments in the field development total approximately NOK 2.7 billion.
“ Utgard contributes to utilise available capacity on Sleipner, which is positive. The project ensures good and cost-effective utilisation of the facilities and the process capacity on Sleipner, ” said Tove Francke , assistant director for development and operations, North Sea south.
“ We expect Utgard will create value both for the Norwegian society and for the Utgard and Sleipner licensees, ” Francke added.
Equinor estimates the expected total sales volume at 1.71 million Sm³ condensate, 2.73 billion Sm³ gas and 0.56 million tonnes NGL.
The Utgard field was proven in 1982 and the PDO was approved in early 2017.