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    Norwegian Momentum Continues With Polarled and Ivar Aasen Field

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Summary

According to the company, the development of the project will be of strategic importance for the future development of the region.

by: Sergio

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Natural Gas & LNG News, News By Country, , Norway

Norwegian Momentum Continues With Polarled and Ivar Aasen Field

The Polarled pipeline will transport its first gas from the Aasta Hansteen project to Norway’s coasts in 2017, Germany’s Wintershall said on Wednesday, keeping the 2-week momentum for the Norwegian gas industry going.  

‘Good news from the far North: the large-scale project Aasta Hansteen develops very positive’ reads a note released by BASF’s subsidiary Wintershall.

According to the company, the development of the project will be of strategic importance for the future development of the region. 

‘The pipeline is designed to transport up to 70 million cubic meters of gas per day. Until August of this year the pipeline will be laid, then the first gas is set to flow to Nyhamna facility in 2017.’ 

In September 2014, Wintershall increased its exposure to Norway, acquiring a package of assets from Statoil for US $1.25 billion.

Also on Wednesday, Det norske, operator of the Ivar Aasen field, completed drilling of two appraisal wells, showing optimism for activities on Norwegian waters further south, close to the border with the United Kingdom. 

‘Det norske oljeselskap AS has completed drilling of appraisal wells 16/1-21 S and 16/1-21 A on the Ivar Aasen field’ reads a note released by the Norwegian Petroleum Directorate, adding that those are the fourth and the fifth well in production licence 001, carved out of production licence 001 in 1999. 

“The operation has given us a greater understanding of the field, and the results will be used in the efforts to determine the final location of the production- and injection wells”, Tor-Ole Jøssund, Subsurface Manager Ivar Aasen, said in a separate press release 

According to Det norske, Ivar Aasen field will be developed with a total of 15 wells - eight production wells and seven water injection wells.