Knarr Pipeline to Transport Gas to St. Fergus in Scotland, Says Gassco

While Norway announced a 0.15% decrease in recoverable petroleum resources since 2013, Gassco confirmed the interest of infrastructures operators to invest in new and old project on Monday. The Norwegian state owned company did indeed take over as operator of the Knarr pipeline. The company also said that the Knarr pipeline will transport gas from a field about 100 kilometres north of Statfjord in the northern North Sea to St. Fergus in Scotland.

This spring, the new pipeline tied to the FLAGS infrastructure will contribute to Shell-Esso Gas and Liquids (Segal) system in the UK.

“We’ve had a close and good collaboration with Knarr operator BG Norge Ltd throughout the process of preparing the pipeline for operation,” Svein Birger Thaule, executive vice president for asset management at Gassco, said in a note released on Monday.

The Knarr pipeline has a technical capacity of 1.7 million standard cubic metres per day. The field operated by BG Norge is estimated to hold 300 mcm of natural gas in recoverable resources. 

Also on Monday, the Norwegian Petroleum Directorate (NPD) said that recoverable resources registered a slight decline in 2014, while reserves increased over the same period, but at a lower pace with respect to 2013. 

‘This year's reserve growth totalled 13 million Sm3 o.e., compared with 102 million Sm3 o.e. in 2013. This growth can primarily be explained by the submission of one Plan for Development and Operation (PDO) in 2014, for the 34/10-53 S Rutil discovery in Gullfaks Sør’ reads the press release.

Earlier this year, the NPD unveiled monthly production for January, which was in line with the forecast and slightly higher than the production in January 2014. 

The NPD said that there are five field with planned start-up in 2015. Two - Bøyla, Valemon - are already producing, while three - Edvard Grieg, Goliat and Knarr - are not.  

Finally, a few hours later, Statoil communicated that it signed a contract with Allseas for installation of three platform topsides on the Johan Sverdrup field.