Developing Lavrans and Kristin Q in the Norwegian Sea
Equinor and the partners Petoro, Vår Energi and Total E&P Norge have decided to develop the Lavrans discovery and the Kristin Q-discovery which is a part of the Kristin field. This constitutes phase 1 of the Kristin South project, and today the plan for development and operation (PDO) will be submitted to the minister of petroleum and energy. Capital expenditures for this first phase will total about NOK 6.5 billion.
“The decision to develop the Kristin South area will generate substantial value for society and the owners. We exploit the resources and the existing infrastructure in a favourable way, while contributing to further development of the Norwegian Sea. We have also awarded contracts worth about NOK 2.2 billion. These assignments will help maintain jobs in Norway,” says Equinor’s executive vice president for Projects, Drilling and Procurement, Arne Sigve Nylund.
Production from Lavrans and Kristin Q will be tied into the Kristin platform. A subsea template will be installed at Lavrans, while at Kristin Q an already installed subsea template will be reused. A total of five wells are planned to be drilled, four at Lavrans and one at Kristin Q.
The Kristin field was put on stream in 2005. The technical life of the Kristin platform is estimated to end in 2034, with possibilities of further life extension to 2042.
“Our ambition is to transform the Norwegian continental shelf to create great value while helping Norway achieve the Paris goals. Extending the productive life by utilizing the infrastructure we have on the NCS for satellite developments is very important and ensures good profitability and low CO2 emissions,” says Equinor’s executive vice president for Exploration and production Norway, Kjetil Hove.