Anita A Stenhaug News

Statoil and its partners have submitted a plan for development and operation of the Skuld field on the Halten Bank to the authorities. Norne operations vice president Anita A. Stenhaug, handed over the plan to Norwegian state secretary Per Rune Henriksen during a ceremony at Statoil's office in Harstad, Norway on 26 September. Recoverable reserves in Skuld are estimated at 90 million barrels of oil equivalents, mostly oil. Total investments are estimated at nearly NOK 10 billion (USD 1.7 bullion).

The Alve gas and condensate field in the Norwegian Sea started production yesterday afternoon, 19 March. Alve is developed as a subsea satellite field tied back to the Norne field's production vessel. Alve was discovered in 1990. The find led to the discovery of the Norne oil and gas field which was proven in 1992 and brought on stream in 1997. "Its proximity to Norne made it possible to develop Alve as a satellite field, which resulted in substantial value creation and good utilization of resources," said Anita A Stenhaug, vice president for Norne operations.