Balder field life extension
The Balder field in production license PL 001 on the Norwegian Continental Shelf (NCS) was acquired in 1965. Vår Energi is currently investing in the Balder hub area, aiming to extend production to 2045.
There are four ongoing projects in the area:
Balder FPU Life Extension – vessel upgrade
Ringhorne III – drilling new wells
Balder Future – Jotun FPSO upgrade and drilling 15 new production wells and one water injection well.
Ringhorne IV – drilling new wells
Vår Energi is also considering drilling new exploration wells in the area.
Developing the Alke discovery
Vår Energi is planning a potential development of the Alke discovery located southwest of the Goliat field in the Barents Sea. This includes maturing a potential gas export concept to extend the license period. We have several studies evaluating concept selection in combination with the Goliat license.