Skarv Commences Production in Norwegian Sea

The Skarv oil and gas project has commenced operations off Norway's western coast.

The Skarv Field lies approximately 210 kilometres west off the Norwegian coast, between the Norne Field (35 km to the north) and Åsgard (80 km to the south) in water depths of around 350-450 metres. 

The field, with an expected life of 25 years field, is estimated to have gross recoverable reserves of 43 billion cubic meters of gas, 13 million tonnes of oil, and 5.7 million tonnes of NGLs. 

Initial production is expected to ramp upto approximately 125,000 barrels of oil equivalent per day (boe/d) within the first six months to an expected maximum daily rate of 165,000 boe/d by year end. Half of the output from the will be oil and condensate and the balance gas.

Statoil, at 36.17 percent, holds the largest stake in the project together with BP (the operator) with a 23.84 percent interest, E.ON E&P Norge AS (28.08%) and PGNiG (11.92%).

The commercial launch had suffered delays as the result of challenges putting into operation a new, highly-advanced FPSO (floating production, storage and offloading vessel), purpose-built for harsh waters.