Wintershall in Norway
In recent years, Wintershall has continued to considerably expand activities in Norway, which in addition to Russia is the most important oil and natural gas supplier in Europe. Today, the company holdsaround 60 licenses on the Norwegian Continental Shelf, more than half of them as operator. The company is therefore one of the large license holders in Norway and in 2016 invests approximately half of its global exploration budget in this region.
Approx. Number, effective January 2016
Discoveries off the coast of Norway
Maria was discovered in 2010 and has an estimated 180 million barrels of oil equivalent (BOE) of recoverable resources. The Plan for Development and Operation (PDO) for the own-operated development (Wintershall: 50 %) was approved by the Norwegian government in September 2015. The field will be linked with a subsea tie-back to four existing host facilities on Haltenbanken in the Norwegian Sea, and is expected to start production in 2018.
All information about the Maria field progress
The Wintershall-operated Skarfjell reservoir was discovered in 2012, and a second appraisal well was successfully completed at the beginning of 2014. After a thorough technical and commercial investigation into several development solutions, a concept selection was made in February 2017. Under the proposed concept, the reservoir will be connected to the nearby Engie-operated Gjøa field, via a subsea tie-back. Estimated resources are between 60 to 140 million barrels of oil equivalent. The PDO will be submitted to the Ministry of Petroleum and Energy in the first half of 2018.
The expansion of Wintershall Norge's activities on the Norwegian Continental Shelf is also reflected in the number of employees: At the end of 2016, the number of employees in Norway was around 500.
OVERVIEW OF THE CURRENT LICENCES
Details about Wintershall Norge’s current licenses in Norway are explained in the interactive license map.
Partnership between Wintershall & Statoil
Wintershall is one of the major producers on the Norwegian Continental Shelf. One of the key factors for growth is the asset swap with the Norwegian company Statoil, which was completed successfully in 2013. As part of the deal with Statoil, Wintershall acquired shares in the three producing fields Brage, Gjøa and Vega. Brage became Wintershall’s first operatorship of a production platform in Norway.
The two companies deepened their partnership and agreed on a further transaction in 2014. Wintershall acquired additional shares in the two producing fields Gjøa and Vega from Statoil. Its total stake is now 55.6% in Vega and 20% in Gjøa. As a result, Wintershall has expanded its output in Norway significantly and now produces around 60,000 BOE a day. As a part of the same deal Wintershall took over the operatorship of Vega in March 2015. Wintershall also has a stake in the development project Aasta Hansteen (24%), the Asterix discovery (19%), the Polarled pipeline project (13.2%) and four exploration licenses near Aasta Hansteen.