Dvalin North is a conventional gas development located in deepwater in Norway and is operated by Wintershall Dea Norge. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Dvalin North was discovered in 2021, lies in block 6507/4P (PL 211), with water depth of around 1,476 feet. Buy the profile here.
The project is currently in approval stage and is expected to start commercial production in 2026. The development cost is expected to be $822 m.
Field participation details
The field is owned by BASF, LetterOne Holdings, Petoro and Sval Energi.
Production from Dvalin North
Production from the Dvalin North conventional gas development project is expected to begin in 2026 and is forecast to peak in 2029, to approximately 77,675 bpd of crude oil and condensate, 391 Mmcfd of natural gas and 28,699 bpd of natural gas liquids. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2065.
Remaining recoverable reserves
The field is expected to recover 529.17 Mmboe, comprised of 267.26 Mmbbl of crude oil & condensate, 1,124.48 bcf of natural gas reserves and 74.49 Mmbbl of natural gas liquid reserves.
Contractors involved in the Dvalin North conventional gas field
Some of the key contractors involved in the Dvalin North project as follows.
Main EPC: TechnipFMC
Other Contractors: Aker Solutions and Transocean
About Wintershall Dea Norge
Wintershall Dea Norge AS (Wintershall Norge), a subsidiary of Wintershall Holding GmbH is an oil and gas company that offers exploration, extraction, development and production of crude oil and natural gas. The company offers services such as drilling, wells operations, commercial technology, procurement, exploration, production operations, field development, and business development programs. Its oil and gas exploration projects comprise Maria, Aasta Hansteen, Skarfjell, Asterix, Syrah, Polarled, Murchison, Ivar Aasen and others. Wintershall Norge also provides operation of subsea field projects. The company operates through its licenses on the Norwegian Continental Shelf. It has its operations in Stavanger, Kassel and Bergen, Norway. Wintershall Norge is headquartered in Stavanger, Norway.
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