Projects

Hyme Oil Field

The Hyme oil field is located in production licence 348 (PL348) between the Draugen and Njord fields in the Norwegian

Operator

Statoil

Ownership

Statoil (35%), Petoro (7.5%), GDF Suez E&P Norge (20%), E.ON Ruhrgas Norge (17.5%), VNG Norge (2.5%) and Core Energy (17.5%)

Reserves

24 million barrels of oil equivalent

Start of Production

February 2013

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The Hyme oil field is located in production licence 348 (PL348) between the Draugen and Njord fields in the Norwegian Continental Shelf. Formerly known as Gygrid prospect, it was discovered in June 2009. The water depth at the Hyme field is 250m.

Statoil operates the Hyme oil field with majority stake holding of 35%. Other stakeholders are Petoro (7.5%), GDF Suez E&P Norge (20%), E.ON Ruhrgas Norge (17.5%), VNG Norge (2.5%) and Core Energy (17.5%).

Core Energy acquired a stake in the Hyme field from Norwegian Energy Company (Noreco) in July 2011.

Petoro and Faroe Petroleum agreed upon an asset swap deal which entitled the latter to gain Petoro’s net interest of 7.5% in the Hyme field. The transaction was passed in Norwegian parliament in June 2011 and was finalised in December 2011.

Statoil brought the Hyme oil field into production in February 2013. The estimated investment for the development of the field was NOK4.5bn (approximately $830m).

Reserves at the Hyme oil field

The field is estimated to contain recoverable reserves of 24 million barrels of oil equivalent (mboe).

Hyme oil field development

"Statoil brought the field into production in February 2013."

The field development plan for Hyme included subsea tie-back to the Njord A platform. The subsea template comprises of four well slots. A dual lateral production well and a water injection were also drilled.

Statoil submitted the Hyme field development and operation plan to the Norwegian Ministry of Petroleum and Energy in May 2011.

The plan was approved in six weeks as part of the Ministry’s initiative to expedite the approval process to encourage the development of small fields.

The development of small fields such as Hyme is gaining importance with the Norwegian Continental Shelf becoming more mature, to efficiently exploit the resource potential of the area.

Statoil had put four fields, including Visund South, Vigdis North-East, Katla and Hyme, under fast track development. The company aims to drastically reduce the time taken from discovery to first oil of smaller discoveries.

Njord A platform

Njord A is a floating steel platform built for the development of the Njord field. The Njord field is located approximately 19km south-west of the Hyme field.

The platform has unused process capacity. The tie-in of Hyme will not only help to utilise this spare capacity but also extend the operational life of the platform by five years, from 2015 to 2020.

The platform features an integrated deck with processing and drilling facilities, and living quarters for the staff.

The platform will require a few modifications to allow the tie-in of Hyme production well.

Contractors participating in development of the Hyme oil field

The contract to supply the subsea production system was awarded to FMC. It was not awarded separately but included as an option in the contract awarded for Visund South, an oil and gas field being developed by Statoil.

"The Njord field is located approximately 19km south-west of the Hyme field. "

Nexans supplied the umbilicals as part of the contract awarded in the first quarter of 2011. The contract to supply flexible risers was awarded to NKT Flexibles in the first quarter of 2011. Subsea7 was contracted during the same period to carryout the installation of the subsea templates.

Technip was awarded the contract for the pipelines and manned installations. The modifications required for the Njord A platform and the Hyme topsides were carried out by Reinertsen. GE was involved in the supply and installation of the platform’s compressor.

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