Factpages Norwegian Offshore Directorate
Factpages Norwegian Offshore Directorate
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11.12.2024 - 01:27
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VERDANDE

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  • General information

    General information
    Attribute Value
    Field name
    Official field name
    VERDANDE
    Factmaps in new window
    Current activity status
    Current activity status of the field. Example of legal values: SHUT DOWN, PRODUCING, PDO APPROVED
    Approved for production
    Discovery wellbore
    Name of the wellbore which proved the field.
    Discovery year.
    The year the field was discovered
    2017
    Main area
    Main NCS area. Example of legal values: NORTH SEA, NORWEGIAN SEA, BARENTS SEA
    Norwegian sea
    Main supply base
    Main supply base
    NPDID field
    Norwegian Offshore Directorate's unique id for fields
    42002481
  • Picture

    Picture
    VERDANDE Field
    Picture not available
  • Discoveries included

    Discoveries included
    Discovery name
  • Activity status — history

    Activity status — history
    Status
    Status from
    Status to
    Approved for production
    28.06.2023
  • Located in

    Located in
    Block name
    Prod. licence
    6607/12
    6607/12
    6608/10
    6608/10
    6608/10
  • PDO – Plan for Development and Operations

    PDO – Plan for Development and Operations
    Date PDO approved
    Description
    Type
    28.06.2023
    Godkjent av OED, PUD består av ressurser fra funn tidligere kalt Cape Vulture og deler av Alve Nordøst
    PDO
  • Ownership — full history

    Ownership — full history
    Owner kind
    Owner name
    Ownership from date
    Ownership to date
    BUSINESS ARRANGEMENT AREA
    28.06.2023
  • Operatorship — full history

    Operatorship — full history
    Company name
    Operatorship from
    Operatorship to
    28.06.2023
  • Licensees — full history

    Licensees — full history
    Company name
    Nation code
    Company share [%]
    Date licensee from
    Date licensee to
    NO
    59.268200
    25.09.2024
    NO
    22.406700
    25.09.2024
    NO
    10.497900
    25.09.2024
    NO
    7.000000
    25.09.2024
    NO
    0.827200
    25.09.2024
    NO
    59.268200
    30.08.2024
    24.09.2024
    NO
    22.406700
    30.08.2024
    24.09.2024
    NO
    10.497900
    30.08.2024
    24.09.2024
    NO
    7.000000
    30.08.2024
    24.09.2024
    NO
    0.827200
    30.08.2024
    24.09.2024
    NO
    59.268200
    28.06.2023
    29.08.2024
    NO
    22.406700
    28.06.2023
    29.08.2024
    NO
    10.497900
    28.06.2023
    29.08.2024
    NO
    7.000000
    28.06.2023
    29.08.2024
    NO
    0.827200
    28.06.2023
    29.08.2024
  • Norwegian Offshore Directorate – estimate for reserves (Norwegian share)

    Norwegian Offshore Directorate – estimate for reserves (Norwegian share)
    Estimates for reserves do not take commercial agreements into consideration.
    Norwegian Offshore Directorate – estimate for reserves (Norwegian share)
    Valid date:
    31.12.2023
    Norwegian Offshore Directorate – estimate for reserves (Norwegian share)
    Orig. recoverable oil
    [mill Sm3]
    Orig. recoverable gas
    [bill Sm3]
    Orig. recoverable NGL
    [mill tonn]
    Orig. recoverable cond.
    [mill Sm3]
    Orig. recoverable oil eq.
    [mill Sm3 o.e]
    4.70
    0.89
    0.05
    0.00
    5.69
    Norwegian Offshore Directorate – estimate for reserves (Norwegian share)
    Orig. inplace oil
    [mill Sm3]
    Orig. inplace ass. liquid
    [mill Sm3]
    Orig. inplace ass. gas
    [bill Sm3]
    Orig. inplace free gas
    [bill Sm3]
    39.00
    0.00
    4.00
    2.00
    Norwegian Offshore Directorate – estimate for reserves (Norwegian share)
    Remaining oil
    [mill Sm3]
    Remaining gas
    [bill Sm3]
    Remaining NGL
    [mill tonn]
    Remaining cond.
    [mill Sm3]
    Remaining oil eq.
    [mill Sm3 o.e]
    4.70
    0.89
    0.05
    0.00
    5.69
    Norwegian Offshore Directorate – estimate for reserves (Norwegian share)
  • Description

    Description
    Type
    Text
    Date updated
    Development
    Verdande is a field in the Norwegian Sea, 10 kilometres north of the Norne field. The water depth is 380 metres. Verdande was discovered in 2017, and the plan for development and operation (PDO) was approved in June 2023. The development concept includes a subsea template with three production wells tied-back to the Norne floating production, storage and offloading vessel (FPSO).
    09.12.2023
    Reservoir
    The reservoir contains oil and gas in sandstone of Early Cretaceous age in the Lange Formation. It is at a depth of about 3000 metres and has good quality.
    09.12.2023
    Recovery strategy
    The field will be produced by pressure depletion.
    23.08.2023
    Transport
    The gas will be exported via the Åsgard Transport System (ÅTS) to the terminal at Kårstø. Oil and condensate will be offloaded from the Norne FPSO to shuttle tankers.
    09.12.2023
    Status
    The field is under development, and the production is planned to start in 2025.
    09.12.2023
  • Investments (expected)

    Investments (expected)
    The operator's future investments related to the reserves from 2023 [mill NOK 2023-kroner]. The stated investment estimate has not been corrected for possible investment sharing.
    4943
  • Investments (historical)

    Investments (historical)
    Investments
    [mill NOK nominal values]
    Sum
    3
    2022
    3
    2021
    0
    2020
    0
  • Production , saleable

    Production , saleable
    Month
    Net - oil
    [mill Sm3]
    Net - gas
    [bill Sm3]
    Net - condensate
    [mill Sm3]
    Net - NGL
    [mill Sm3]
    Net - oil equivalents
    [mill Sm3]
  • Production , sum wellbores

    Production , sum wellbores
    Month
    Gross - oil
    [mill Sm3]
    Gross - gas
    [bill Sm3]
    Gross - condensate
    [mill Sm3]
    Gross - oil equivalents
    [mill Sm3]
  • Production – charts

    Production – charts
    Graph Net oe
    Production – charts
    Graph Net oil
    Production – charts
    Graph Net gas
    Production – charts
    Graph Net gas
    Production – charts
    Graph Net NGL
    Production – charts
    Graph Water
    Any produced water is only included after 1.1.2000
  • Wellbores – exploration

    Wellbores – exploration
    Wellbore name
    Entered date
    Completed date
    Purpose
    Status
    Content
    04.12.2016
    31.01.2017
    WILDCAT
    P&A
    OIL/GAS
    16.07.2018
    17.08.2018
    APPRAISAL
    P&A
    OIL
    18.08.2018
    15.09.2018
    APPRAISAL
    P&A
    OIL
    16.09.2018
    03.10.2018
    APPRAISAL
    P&A
    DRY
  • Wellbores – development

    Wellbores – development
    Wellbore name
    Entered date
    Completed date
    Purpose
    Content
    PRODUCTION
    PRODUCTION
    PRODUCTION
  • Wellbores – other

    Wellbores – other
    Wellbore name
    Entered date
    Completed date
    Purpose
    Status