Operator Wintershall Dea Norge estimates the reserves at about 14 million standard cubic metres of oil equivalent (90 million bbls o.e.).
The licence was awarded in APA 2007, while the discovery well was not drilled until 2012. The plan for development and operation was submitted in July 2018.
Wintershall Dea expects oil production to start up around 31 July. The water injection system will be completed in September. The production licence is 418.
"We're glad to see that Nova is ready for production to start. Nova will help utilise available capacity in existing infrastructure and ensure extended operation of the Gjøa platform, which is the only hub in the north-eastern part of the North Sea," says Kalmar Ildstad, the Norwegian Petroleum Directorate's Director of licence management.
21/01/2025
The Norwegian Offshore Directorate has granted OMV (Norge) AS drilling permit for wellbore 35/6-6 in production licence 1109, cf. Section 13 of the Resource Management Regulations.
17/01/2025
Vår Energi ASA and its partners found gas in the “Elgol” prospect; however, preliminary estimates indicate that the discovery is not profitable given current price assumptions.
14/01/2025
In the 2024 awards in pre-defined areas (APA), 20 companies have been offered ownership interests in a total of 53 production licences on the Norwegian continental shelf (NCS).
09/01/2025
The Norwegian Offshore Directorate's summary of activity on the Norwegian continental shelf in 2024 shows that gas production is higher than ever.
08/01/2025
The Norwegian Offshore Directorate has granted DNO Norge AS drilling permit for wellbore 35/10-15 S in production licence 1182 S, cf. Section 13 of the Resource Management Regulations.
08/01/2025
The Norwegian Offshore Directorate has granted Aker BP ASA drilling permit for wellbore 6507/2-8 in production licence 942, cf. Section 13 of the Resource Management Regulations.
23/12/2024
The Norwegian Offshore Directorate has granted Vår Energi ASA drilling permit for wellbore7/1-3 in production licence 1090, cf. Section 13 of the Resource Management Regulations.
