Lundin Norway, a subsidiary of Lundin Petroleum, and their associates Talisman Energy Norge (Talisman) and Noreco, has submitted a plan for the development and operation (PDO) of the Brynhild field to the Norwegian Ministry of Petroleum and Energy.
The location of this Brynhild oil field is in North Sea’s Norwegian zone. The company is anticipating initial production in PL148 of the Brynhild field in late 2013.
This Brynhild field is situated contiguous to the international boundary of Norway and the United Kingdom (UK). The PDO comprises three wells and umbilical or pipelines attached back to the current Pierce field infrastructure, which is operated by Shell, in North Sea’s UK sector. The Brynhild field has gross proved and probable reserves of 22 M barrels of oil along with estimated gross peak production of about 12,000 barrels of oil in a day. The company will process the oil and preserve it in a vessel called Pierce floating production, storage and offloading (FPSO) vessel prior to offshore loading to shuttle tankers.
Lundin Petroleum holds 50% working interest in this Brynhild field, whereas Noreco and Talisman possess 20% and 30% interest, respectively.