Swedish oil and gas company Lundin Petroleum has secured approval from the Norwegian Ministry of Petroleum and Energy to develop and operate the Brynhild field in the Norwegian North Sea.
The Brynhild field is located adjacent to the Norway-UK border, 210km from the Norwegian mainland.
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The development will be a three-well, subsea tie-back to the Pierce floating, production, storage and offloading (FPSO) vessel, which is located in UK North, 38km south of the field.
Lundin estimates the gross reserves to be around 20 million barrels of oil equivalent, with a net peak production of around 6,000 barrels of oil equivalent per day.
The hydrocarbons will be processed at the Pierce FPSO before being offloaded for further transportation.
Lundin holds a 50% operator interest in the field, with partners Talisman and Noreco, which hold 30% and 20%, respectively.
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