Lundin Petroleum said Monday that it has started oil production at the Edvard Grieg field in the Norwegian North Sea.
First oil was achieved on November 28 at the field, located in PL338 on the Utsira High in the North Sea, about 111 miles west of Stavanger.
The field was discovered in 2007 with Lundin Petroleum’s first operated exploration well in Norway and contains estimated gross proved plus probable reserves of 187 million barrels of oil equivalents.
A successful appraisal well in the southeast of the Edvard Grieg field, drilled earlier this year, is expected to boost the field’s reserves once the year end 2015 reserves certification process has been completed, Sweden-based Lundin said.
Edvard Grieg has been designed as a field center, and will receive oil and gas from the neighboring field Ivar Aasen for further processing.
The oil is being transported via the Grane pipeline to the Sture terminal on the west coast of Norway, while gas will be transported via a separate pipeline system to St. Fergus in Scotland.
“First oil from Edvard Grieg is a very proud moment for us all. The project execution capabilities proven by this delivery, coupled with the ingenuity of our exploration team, provide a hugely exciting platform for further growth in Norway,” Lundin Norway managing director Kristin Færøvik said.
Lundin said development drilling with the Rowan Viking jack-up rig will resume shortly.
The company has planned a total of ten production wells and four water injection wells to be drilled, with plateau production expected during the second half of 2016.
The drilling of the development wells is expected to continue into 2018.
Lundin Norway AS, a wholly owned subsidiary of Lundin Petroleum, is the operator of PL338 with a 50 percent working interest.
OMV Norge holds a 20 percent interest, Norway’s Statoil holds a 15 percent interest and Wintershall Norge holds a 15 percent interest.