Eldfisk North PDO enters evaluation

Operator ConocoPhilips and partners Total Energies, Vår Enegi, Equinor and Petoro have submitted for evaluation the plan for development and operation (PDO) of the Eldfisk North project in the North Sea.

Norway’s Petroleum and Energy Ministry is now assessing the document. The initiative will require a US$1.2bn investment.

The project seeks to access additional resources from the field, operational since 1971. It will include a three-by-six subsea production system (SPS) connected to 14 wells, nine of them producers and five water injectors.

Eldfisk North, estimated to hold from 50 to 90 million barrels of oil equivalent (boe), will be connected to the original Eldfisk via a subsea tie-back.

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