DEA Norge has delivered the Plan for Development and Operation (PDO) for the Dvalin field to the Ministry of Petroleum and Energy in Norway.
The field, previously named Zidane, will be the company’s first operated field development project in the country.
“Over the last few years, we have managed to reduce costs by more than 20%. As a consequence, DEA has got the opportunity to open a new area in the Norwegian Sea for gas production and export,” DEA Norge Managing Director, Hans-Hermann Andreae, said.
Norwegian Sea Field Nears Development
“Together with our partners, we have come up with a development solution with sustainable long-term economics in an environment of low market prices,” he added.
The company expects to produce approximately 18.2 billion cubic metres (6.42 billion cubic feet) of natural gas from two reservoirs in the Dvalin license.
The company estimates this will cost a total of 1.1 billion euros (£960.9 million) with planned production to start in 2020.
DEA Norge’s Dvalin Subsea Template
Overall, the project will be developed with a four wells subsea template, connected to the Heidrun platform.
Once at Heidrun, the gas will be partly processed in a new module, before the gas is transported in a new export pipeline to Polarled, going to the Nyhamna onshore gas terminal.
The gas will then be processed and transported to the European market.
DEA Norge Premieres as Operator
“It is a major step for DEA to hand in the PDO and to transfer this project into the next phase,” DEA Deutsche Erdoel AG CEO, Thomas Rappuhn, said.
“The Dvalin development will contribute significantly to DEA’s ambition to further grow our business in Norway,” he adds.
The field is located in PL435, blocks 6507/7/9 and 6507/8 in the Norwegian Sea. The licence is operated by DEA Norge (40%) together with Edison (20%), Maersk (20%) and OMV (20%).