On 25 February, Statoil and its partners began production from the Hyme oil field in the southern part of the Norwegian Sea. Hyme is the second of Statoil’s 12 Fast-track projects.
“The field came on stream one month earlier than we assumed in the Plan for Development and Operation. The project execution period, from we decided to use Njord A as a tie-in platform, and to first oil, is thus slightly more than two years, which we are very pleased with,” says Halfdan Knudsen, head of the “Fast-track” portfolio in Development and Production Norway. The “Fast-track” projects consist of discoveries made close to existing fields. In the longer term the aim is to bring these projects from discovery to first oil within 30 months.
“We have now gained useful experience which helps us accelerate forthcoming development projects, and execution in 30 months will thus be feasible for most of the prospects to be drilled in 2013. We are now on sechedule and within budget for Hyme and the other projects. Good portfolio management and good cooperation across the business areas are critical success factors,” Knudsen says.
The Hyme field was discovered at Haltenbanken in June 2009, 19km north-east of the Njord A platform. Hyme extends the production life of the Njord field from 2015 to 2020. The field development plan includes a production well and a water injection well drilled through a subsea template with four well slots.
