On November 28, 2015, we saw the first oil from Edvard Grieg. The field has since then turned in to a true success story.
Edvard Grieg was discovered in 2007 with Lundin Norway’s very first exploration well, and was the starting point for new giant discoveries. Following a successful field development and after four years of production, it has exceeded all of our expectations.
When the field development started in 2012, estimated gross reserves amounted to 186 MMboe. Thanks to a combination of good reservoir performance and highly skilled engineers and geologists this estimation has increased several times. Estimated gross reserves are now around 62% higher compared to when the initial PDO was submitted to the Storting (Norwegian Parliament), and there is still plenty of upside potential of the field.
Today, production of the with record low operating costs of 4 USD per boe and with a carbon intensity of 5 kg CO2 per boe. The global average of carbon intensity in oil and gas production is around 18 kg. This makes Edvard Grieg one of the world’s most efficient and modern platforms.
– Edvard Grieg has been a success story from the start. It is in the DNA of this four-year-old wonder child to continue to positively surprise us, says Kari Nielsen, Operations Director of Lundin Norway.
The project has been a success story from the beginning – A truly Norwegian success. Kvaerner was awarded the contract to construct the top deck and the steel jacket. The steel jacket was constructed by Kvaerner Verdal, while the other modules were built at Kvaerner Stord. The living quarter was made by Apply Leirvik in Stord, while the processing platform was delivered from Aker Solutions in Egersund.
– Edvard Grieg is as Norwegian as it comes and the quality of the construction is outstanding. The construction and installation of the platform was finalised on time and within budget, says Nielsen.
A geological success story
The success story of Edvard Grieg began long before the start of production and tells the story of a great geological achievement. In 2004, the exploration team of Lundin Norway believed there was enormous untapped potential of the Utsira High area in the North Sea – despite the fact that most others had given up on this area since previous exploration activities had been made without much of a success. The discovery of Edvard Grieg was the key for Lundin to unlock the secrets of the Utsira High area and to discover the giant Johan Sverdrup field, which started producing earlier this year.
– We probably wouldn´t have discovered Johan Sverdrup in 2010 if it wasn´t for the discovery of Edvard Grieg in 2007. It gave us a deeper geological understanding of the Utsira High area, says Halvor Jahre, exploration director at Lundin Norway.
The Edvard Grieg field is constantly evolving. In 2021, we anticipate the first oil from Solveig and Rolvsnes – both are developed as tie-back projects to Edvard Grieg and will extend the plateau production of the field to around the end of 2022. The expected lifetime of the field is 30 years.
- Lundin Norway is operator, with a working interest of 65%. Partners are Wintershall DEA Norge and OMV Norge.
- Edvard Grieg is located in block 16/1 in the Utsira High area, in the North Sea
- The field is located in license PL338, 45 km south of the fields Grane and Balder, and 180 km west of Stavanger
- The field was discovered in 2007, with exploration well 16/1-8
- The field development consists of a steel jacket platform resting on the seabed with topsides including a process facility module, utility module and living quarters.
- Production started on the 28th of November 2015