ConocoPhillips has a significant production and exploration position in the Norwegian sector of the North Sea. ConocoPhillips’ history in Norway began in the early 1960s when the company was awarded three production licenses. A successful discovery in 1969 led to the commissioning of Ekofisk, the first commercial oil field in the Norwegian North Sea.
Current operated production comes from the Ekofisk, Eldfisk, Embla and Tor fields. In addition to the Greater Ekofisk Area, ConocoPhillips also has ownership interests in several partner-operated assets.
Greater Ekofisk Area
Operator: ConocoPhillips (35.1%)
Co-venturers: Total (39.9%), Eni (12.4%), Statoil (7.6%), Petoro (5.0%)
The Greater Ekofisk Area is comprised of four producing fields: Ekofisk, Eldfisk, Embla and Tor. The Ekofisk complex is located 200 miles offshore Stavanger, Norway. Ekofisk crude oil is exported to Teesside, England, and the natural gas is exported to Emden, Germany.
The Ekofisk and Eldfisk fields consist of several production platforms. Water injection at Ekofisk and Eldfisk has resulted in increases in both production and recoverable reserves.
Operator: Statoil (13.3%)
Co-venturers: Petoro (57.4%), ConocoPhillips (24.1%), Eni (5.2%)
The Heidrun Field is located in the Norwegian Sea. Oil from the field is transported to Mongstad in Norway and Tetney in the United Kingdom by double-hulled shuttle tankers. Part of the natural gas is transported and sold to buyers in Europe, while the remainder is used as feedstock in a methanol plant in Norway, in which ConocoPhillips has an 18.3 percent interest.
ConocoPhillips entered into an agreement in January 2012 to sell its interests in Statfjord to Centrica plc. Statfjord is located across both the Norwegian and U.K. sectors of the North Sea. This sale is expected to be completed in the second quarter of 2012.
Operator: Statoil (19.9%)
Co-venturers: Petoro (32.0%), Total (24.3%), ConocoPhillips (23.3%), Others (0.5%)
Huldra is a natural gas and condensate field located north of the Oseberg Area. The field’s life is expected to be extended into 2016.
Operator: Statoil (30.6%)
Co-venturers: Petoro (56.0%), Shell (8.1%), Total (3.7%), ConocoPhillips (1.6%)
Troll East is northwest Europe’s largest offshore natural gas field, while Troll West is one of Norway’s largest oil and natural gas producing fields.
Operator: Statoil (36.7%)
Co-venturers: Petoro (28.9%), ExxonMobil (28.2%), ConocoPhillips (6.2%)
Grane is located 124 miles west of Stavanger.
Operator: Marathon (65.0%)
Co-venturers: ConocoPhillips (20.0%), Lundin Oil (15.0%)
The Alvheim development consists of an FPSO vessel and subsea installations. Oil production started in 2008. Produced oil is exported via shuttle tankers, and rich natural gas is transported to the United Kingdom via a new pipeline to the Beryl-Sage system.
Operator: Statoil (49.3%)
Co-venturers: Petoro (33.6%), Total (10.0%), ExxonMobil (4.7%), ConocoPhillips (2.4%)
The Oseberg Area is located in the North Sea and consists of four platform complexes. The natural gas is transported to market via the Gassled transportation system. The liquids are then transported to the onshore Sture Terminal.
Operator: Statoil (53.2%)
Co-venturers: Petoro (30.0%), ConocoPhillips (9.1%), Total (7.7%)
The Visund Field, located in the Tampen Area, consists of a floating drilling, production, processing and accommodation unit.
Norpipe Oil Pipeline System
Operator: ConocoPhillips (35.1%)
Co-venturers: Total (34.9%), Statoil (18.5%), Eni (6.5%), Petoro (5.0%)
This 220-mile North Sea pipeline carries crude oil from Ekofisk to a terminal and NGL processing facility at Teesside, England. The pipeline has a net capacity of 830 MBD of crude oil and serves several fields in Norway and the United Kingdom, including the J-Block development in the U.K. sector of the North Sea.
Norwegian Continental Shelf (NCS) Gas Transportation (Gassled)
Operator: Gassco A/S
Co-venturers: ConocoPhillips (1.9%), Others (98.1%)
Gassled, a joint venture in which ConocoPhillips is a co-venturer, owns the gas transportation infrastructure on the NCS.