Equinor Started Production at Norwegian Sea Gas Field

SEATTLE (Oil Monster): Equinor declared that it has begun production at the Halten East development in the Norwegian Sea's Kristin-Åsgard region. Almost two years have passed since Norwegian authorities approved it, and now manufacturing has begun.

The first well Gamma is already producing gas, according to a news statement from the business. There will be two stages to the development. Six wells from five discoveries make up the first phase. The second phase is scheduled for 2029 and will feature a sidetrack and three more potential wells. The project will require an investment of around NOK9 billion to execute when the two phases are combined.

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According to sources, the development phase of the Halten East is expected to provide around 3000 person-years of employment per year during the period from 2022 to 2029. It must be noted that Equinor holds 69.5% ownership in the Halten East Unit.

Kjetil Hove, executive vice president for development and production on the Norwegian continental shelf (NCS) highlighted the significant role played by the Halten East project in delivering energy with low costs and low emissions. Equinor expects to put over 3o projects on stream at the NCS by 2035, he added.