Equinor begins production from first Lavrans well of Kristin South project
Equinor and its consortium partners, including Petoro, Vår Energi, and TotalEnergies EP Norge, have commenced production from the first Lavrans well, marking a significant step in the Kristin South project. This initiative, part of a broader plan approved by Norwegian authorities in 2022, underscores a strategic move to leverage existing infrastructure to enhance oil and gas extraction on the Norwegian Continental Shelf.
Trond Bokn, Senior Vice President for Project Development at Equinor, expressed enthusiasm about the project’s initiation. “Together with our partners and suppliers, we have developed the project and started the production from Lavrans in a safe and good way,” Bokn stated. This collaboration aims to efficiently harness resources by integrating advanced technological solutions with established infrastructure.
The newly installed subsea template, connected to the Kristin platform, facilitates the processing of oil and gas from the Lavrans field. The extracted gas is transported to European markets through an extensive pipeline system, while oil is shipped via the Åsgard C storage vessel.
![Equinor and partners kickstart the Kristin South project with first oil and gas production, setting a new standard in offshore energy in Norway.](https://business-news-today.com/wp-content/uploads/2024/07/Kristin-South-project-650x371.webp)
Equinor and partners kickstart the Kristin South project with first oil and gas production, setting a new standard in offshore energy in Norway.
The Kristin South project plans to expand its reach with four additional wells, promising an increased output of 6.2 GSm3 of gas and 1.9 MSm3 of oil, equivalent to 58.2 million barrels of oil. Grete B. Haaland, Senior Vice President for Exploration & Production North at Equinor, highlighted the project’s broader impact: “Tying in additional resources to our producing hubs is a cost-efficient way to add production and extend the lifespan of our fields in operation.”
This project not only contributes to energy security but also stimulates economic growth through job creation across Norway, particularly in the Mid-Norway region. The commitment to low CO2 intensity in extraction and production underlines the environmental consideration integrated into this ambitious project.
Norwegian suppliers have played a crucial role, securing over 60% of the contract values, which underscores the project’s contribution to the local economy. The Kristin platform, operational since 2005, is expected to continue until 2043, with potential further extensions.
The Kristin South project represents a significant advancement in the utilization of existing offshore platforms to bolster production while maintaining environmental standards. This approach not only maximizes resource efficiency but also extends the operational lifespan of mature fields, offering a sustainable model for future offshore developments.
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