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IS - Vår to file new plan for revitalization of Balder & Ringhorne - April 2019

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Norwegian independent Var Energi will file a new redevelopment plan for its Balder and Ringhorne fields. It aims to begin the project in 2020 to boost production from and extend the lives of the fields offshore Norway. Called “Balder X,” the project involves drilling 20 new production wells while upgrading the Jotun FPSO and relocating it to the area between the Balder and Ringhorne fields, specifically within PL 001 production license. The program will extend the life of the......
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