Green light for Breidablikk

[28.09.2020]
Photo: Equinor
Photo: Equinor
The partnership in Breidablikk, Petoro, Vår Energi, ConocoPhillips and Equinor (operator) have decided to develop the Breidablikk field in the North Sea. Monday 28th of September, the partnership submitted the plan for development and operation (PDO) to the Minister of Petroleum and Energy. Expected recovery from the field is approx 200 million barrels of oil and the investments will be just under NOK 20 billion. The Breidablikk field is one of the largest oil discoveries on the Norwegian shelf that has not yet been developed. The decision to develop the field will provide significant value to Norwegian society and the owners.
Production is planned to start February 1st 2024. The development of Breidablikk supports Petoro's strategy for further development of mature fields and utilization of existing infrastructure.
 
Facts
The Breidablikk field is located northeast of the Grane field
3 discovery wells; first in 1992 and followed up with two new discoveries in 2013, 2014
Sea depth is approx. 130 m
The hydrocarbons on the Breidablikk field extend over an area of ​​approx. 37 km2
 

Other news

PDO for Halten East submitted today
[25.05.2022]
PDO for Halten East submitted today
Read more
PDO for Halten East submitted today - 2022-05-25 12:00
Petoro delivers 113 billion and sets high climate targets
[11.05.2022] - Press release - First quarter 2022
Petoro delivers 113 billion and sets high climate targets
Read more
Petoro delivers 113 billion and sets high climate targets - 2022-05-11 10:00
Cutting emissions from the SDFI portfolio by 55%
[11.05.2022]
Cutting emissions from the SDFI portfolio by 55%
Read more
Cutting emissions from the SDFI portfolio by 55% - 2022-05-11 10:00
32 places up!
[25.03.2022]
32 places up!
Read more
32 places up! - 2022-03-25 11:00
186 billion for the state – reliable energy deliveries to Europe
[09.03.2022] - Press Release Petoro 2021 results
186 billion for the state – reliable energy deliveries to Europe
Read more
186 billion for the state – reliable energy deliveries to Europe - 2021-03-09 10:00
Investing 10 billions in the Oseberg field
[26.11.2021]
Investing 10 billions in the Oseberg field
Read more
Investing 10 billions in the Oseberg field - 2021-11-26 12:00
Extreme prices yield record-high cash flow
[28.10.2021) - Press release - Third quarter 2021
Extreme prices yield record-high cash flow
Read more
Extreme prices yield record-high cash flow - 2021-10-28 10:00
PDO for Ormen Lange subsea compression
[20.09.2021]
PDO for Ormen Lange subsea compression
Read more
PDO for Ormen Lange subsea compression - 2021-09-20 16:00
Troll phase 3 in production
[30.08.2021]
Troll phase 3 in production
Read more
Troll phase 3 in production - 2021-08-30 10:00
54 billion kroner for the State – oil and gas will remain important as Norway’s position as an energy nation evolves
[30.07.2021] - Press release - Second quarter 2021
54 billion kroner for the State – oil and gas will remain important as Norway’s position as an energy nation evolves
Read more
54 billion kroner for the State – oil and gas will remain important as Norway’s position as an energy nation evolves - 2021-07-30 10:00