Edvard Grieg

Production start-up on Edvard Grieg in November 2015 was an important milestone for Lundin Norway. The development was delivered safely, on time and on budget.

The Edvard Grieg field is located in the Utsira High area in the central North Sea. The Utsira High area is Lundin Norway’s main focus area with the majority of Lundin Norway’s 2P reserves and contingent resources situated in this area.

Edvard Grieg is an oil field in block 16/1 in production licence PL338, 45 km south of the Grane and Balder fields and 180 kilometres west of Stavanger. The field was proven in 2007 with exploration well 16/1-8. Production commenced on 28 November 2015.

The Edvard Grieg reservoir is situated at a depth of approx. 1,900 metres, and consists of alluvial, eolian and shallow marine conglomerates and sandstones from the Triassic to Lower Cretaceous ages. The northernmost appraisal well (16/1-15, Tellus) encountered a reservoir consisting of porous, fractured bedrock underlying a thin sandstone layer from the Lower Cretaceous Age.

The field contains under-saturated oil without a gas cap. The field’s gross 2P reserves are estimated at 274 million of barrels of oil equivalents. Gross plateau production is expected to be 100,000 boepd.

The Edvard Grieg field consists of a platform resting on the seabed (steel jacket), with a full process facility, dry wellheads with external jack-up drilling and living quarters.

The Edvard Grieg platform is designed as a field centre and will receive and process hydrocarbons from other discoveries in the surrounding area. A dedicated pipeline has been laid from the Edvard Grieg platform to the Grane oil pipeline for export to the Sture oil terminal. Similarly, a dedicated gas pipeline is laid to the SAGE transport system on the UK shelf for export of rich gas to St. Fergus in Scotland.

Total gross capital investment for the development is estimated to be NOK 26 billion.

PL338 was awarded to Lundin Norway with a 100 percent ownership interest in December 2004. The current partnership consists of Lundin Norway as operator with a 65 percent ownership interest, as well as Wintershall (15%) and OMV (20%).