ConocoPhillips Received Permission to Bring Into Production the Tommeliten A Field
ConocoPhillips and its partners have received permission from Norwegian authorities to bring into production the Tommeliten A gas condensate field (GCF) in the North Sea.
This was reported by the press service of the Norwegian Petroleum Directorate (NPD) on October 5, 2023.
Tommeliten A deposit
- opened in 1977;
- located in block PL 044, approximately 25 km southwest of the Ekofisk field in the southern North Sea;
- water depth in the subsoil area – 75 m;
- in the first place – this is a Norwegian project (99.57%), but the field is transboundary – a small part of it is
- located on the continental shelf of Great Britain;
- project partners:
– ConocoPhillips Skandinavia (ConocoPhillips) – operator, with a participation share of 28.1385%
– PGNiG Upstream Norway AS – 42.197%,
– in 2018 2018 – PGNIG acquired a stake from Equinor,
– TotalEnergies EP Norge AS – 20.143%,
– Vår Energi AS (Norwegian subsidiary of Italian Eni) – 9.0907%, - UK licensees:
– ConocoPhillips (U.K.) Holdings Limited,
– TotalEnergies E&P UK Limited,
– Eni UK Limited; - an agreement on the coordination of petroleum activities was concluded between the licensees of the Norwegian and British parties;
- field development and operation plan (PDO):
– was submitted to the Norwegian and UK authorities in November 2021;
– approved July 2022; - expected production volume – 150 million boe/year;
- will be operated using:
- extracted natural gas will be transported for further processing to the Ekofisk center, after processing the gas will be exported to Emden in Germany, oil and wet gas will be sent to Teesside in the UK;
- investment in development will be approximately NOK 13 billion or USD 1.18 billion;
- Previously, the commissioning of the field was planned for 2024, and now in October 2023.
Norway and the UK are actively increasing investment in oil and gas production in the North Sea.
Investment in Norway’s oil and gas industry is forecast to reach a record NOK 225 billion (about US$21 billion) in 2023.
This figure may exceed the record of 2013, when investments amounted to about 205 billion crowns.
Norway’s hydrocarbon production, which is now down 15% from a peak of 4.6 million boe/d in 2004, is expected to rise again and reach record levels by 2025.
In 2023, 35 new exploration wells are expected to be drilled in Norway, and 36 in 2024.
The resumption of investment in the UK is happening less actively, incl. under the pressure of the environmental agenda.
