Norway: Coordinated Development Solution for Draupne and Luno

Together with the partners in the Draupne field, Det norske oljeselskap ASA has reached agreement today with the partners in the Luno field on a coordinated development solution for the area.

Draupne will be developed using a fixed platform with pre-processing. The well stream will be transported from the Draupne platform to Luno for final processing and export to the markets.

Coordinated development means that Draupne will be dependent on Luno carrying out the processing for the field. At the same time, however, the coordination will reduce the plant on the Draupne platform to around 12,000 tonnes (topside only), with a crew of around 20. The pre-feed work is now under way in cooperation with Aker Solutions in London. The goal is that the plan for development and operation (PDO) for Draupne will be submitted in the fourth quarter this year.

CEO Erik Haugane of Det norske says he is satisfied with the agreement.

‘We have achieved a balanced agreement with the Luno group. It guarantees that, together with Lundin, the operator for Luno, we will achieve efficient operation of the two fields. Our ambition is to ensure better combined resource utilisation and to increase the value for both partnerships. We in the Draupne partnership can now concentrate on efficient and swift field development.’

The plan for development and operation for Luno is currently under consideration by the Ministry of Petroleum and Energy. The plan is for the Luno platform to start production in the fourth quarter 2015. In return for payment of a tariff to Luno, Draupne will be ensured a capacity of 8,200 Sm3 (52,000 barrels) of oil equivalents (o.e.) per day from October 2016. The capacity will gradually increase to 12,000 Sm3 (75,000 barrels) o.e. per day. This can mean an extra 26,000 barrels per day for Det norske at plateau production at the end of 2017.

Draupne comprises the discoveries Draupne in PL 001B, West Cable in PL 001B and PL 242, and Hanz in PL 028B. The estimated total recoverable resources are 143 million barrels of oil equivalents.

The partnership in the Draupne licences PL 001B, PL 028B,and PL 242 consists of:

Det norske (operator) 35%

Statoil 50%

Bayerngas 15%

About Det norske:

Det norske oljeselskap ASA (DETNOR) specialize in extracting petroleum resources on the Norwegian Continental Shelf (NCS). We are an ambitious company with significant exploration activity. Recently we have taken part in some major discoveries, Aldous being the single most important. We now face several development projects, among them Jette as operator, and Draupne.

Subsea World News Staff , March 05, 2012;  Image: Det norske