Equinor and Partners Announced Investment in Troll West Gas Province
SEATTLE (Oil Monster): Equinor and its partners announced plans to invest around NOK 12 billion towards enhancing the gas infrastructure in the Troll West gas province. The investment is expected to boost reservoir production.
The investment is towards infrastructure to boost reservoir production by around 55 billion standard cubic meters of gas. This is expected to contribute approximately 7 billion standard cubic metres of gas per annum, thus helping it to sustain high gas export levels from the Troll and Kollsnes value chain till the end of the decade.
The enhancements at the Kollsnes processing facility has resulted in lifting of the plateau production of Troll gas. The gas out, currently capped at 121 million standard cubic meters of gas per day, will now be boosted to 129 million. The introduction of new Troll wells will add approximately 20 milion standard cubic meters of gas per day to the production.
Commenting on the development, Geir Tungesvik, Equinor's executive vice president of Projects, Drilling & Procurement noted that the project is exceptionally profitable and will ensure sustained high gas production from the Troll field. The partnership will collaborate with reliable suppliers, majority of whom already have framework agreements with them, Tungesvik added.
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