START-UP OF PRODUCTION FROM GINA KROG

The Norwegian Petroleum Directorate has granted consent for start-up of production from the Gina Krog field in the North Sea. Operator Statoil is planning start-up in late June 2017. The field has been developed with a production facility resting on the seabed and an oil storage ship, in water depths of 110-120 metres. The oil will be exported via buoy loaders, and the rich gas will be sent to the Sleipner A platform for final processing. Gas for gas injection will be imported from Zeepipe 2A. The field will be tied in to a joint solution with power supply from shore for the Utsira High.
The recoverable reserves for Gina Krog are 16.8 million standard cubic metres  (Sm3) of oil, 11.8 billion Sm3 of gas and 3.2 million tonnes of NGL. Investment costs are expected to reach NOK 30.9 billion, which is well within the range of uncertainty listed in the Plan for Development and Operation (PDO).
Gina Krog (previously Dagny), originally a minor gas discovery just north of Sleipner, is a field that has been considered for development on a number of occasions since it was first discovered in 1974. (Source: NPD)