US major ConocoPhillips has greenlit the $1.8bn a new project on the Greater Ekofisk Area in the Norwegian sector of the North Sea, some 300 km from Stavanger.
The so-called Previously Produced Fields project involves the joint redevelopment of the Albuskjell, Vest Ekofisk, and Tommeliten Gamma fields, with recoverable gas condensate resources estimated at 90 to 120m barrels of oil equivalent.
Plans for development and operation will be submitted to the Norwegian Ministry of Energy in the first quarter of 2026.
Albuskjell and Vest Ekofisk are in the PL018B and PL018F licenses, while Tommeliten Gamma lies in the PL044 and PL044D licenses. The three fields were shut in before end-of-life in 1998 due to the decommissioning of infrastructure and limited processing capacity at Ekofisk.
Capacity is expected to become available in the late 2020s, enabling future gas production from these fields.
The total project’s capital investment is approximately NOK 19.5bn ($1.8bn). The joint development concept includes 11 wells and four new subsea templates. All the wells will be tied back to the Ekofisk Complex via a shared multiphase pipeline, with first gas scheduled for the fourth quarter of 2028.
ConocoPhillips is the operator of all licenses. The partners are Vår Energi, Orlen Upstream Norway, and Petoro.
