Norway's Heimdal gas hub gets extra life
Equinor and its partners at the Heimdal gas centre off Norway have decided to extend the project's lifespan until 2023, the Norwegian company reported on June 17.
The extension is possible as three or four new wells will be drilled in 2021 and 2022 at Equinor's Valemon field, which supplies its gas to Heimdal for processing. This means Heimdal will maintain profitable for longer. Earlier the platform had been due to close down either this year or next.
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The Heimdal field was discovered in the northeast of the North Sea 1972 and was brought on stream in 1985. It has yielded 46bn m3 of gas and 7mn m3 of liquids to date. Its platform has handled around the same amount of oil and gas from the Huldra, Skirne, Atla, Vale and Valemon satellite fields. The extension will ensure Vale and Skirne's remaining reserves are recovered, Equinor said.
Heimdal's gas flows to European markets via the Statpipe system. Equinor has a 29.4% operating interest in the field, while Spirit Energy has 28.8%, Petoro has 20%, TotalEnergies has 16.8% and Lotos has 5%.