Oselvar is located on the Norwegian continental shelf, close to the UK border and 23 kilometres from the Ula field in which DONG E&P Norge has a 20% equity share. Three subsea horizontal production wells will be drilled on Oselvar and connected to Ula through a pipeline. From here, the produced oil will be transported via the Ekofisk/Norpipe system to UK.
Part of the produced gas will be sold to the Ula licence for gas injection in order to increase the oil recovery, whereas any remaining part can be exported to the German market.
Oselvar is to be ready for production in November 2011 and we estimate that the reserves will på 4,34 standard cubic meter gas and 3,91 million standard cubic meter oil. The field is situated 250 kilometers from shore in the North Sea.
DONG Energy owns 10.3420 % of Ormen Lange. Danish television produced a documentary on how you work with subsurface oil & gas. In connection with this program they visited us in Ormen Lange. Click on the link to see the documentary (only in Danish) and to learn more on how we use this exiting technology.
You will also get to meet our Executive Vice President of E&P, Søren Gath Hansen.
Link to the programme; www.dr.dk