Balder Future Concept Select

Point Resources will increase production by 15 new production wells, future tie-ins of up to 4 existing Balder FPSO wells, and potentially tie-in of additional wells from Prince / King, depending on information from exploration well planned in 2019 and in addition 1 water injection well located in the Balder Field.

Client: Point Resources
Project:
F50S0005
Scope:
Concept Select
Date:
2018
Mhrs:
4000 mhrs
Location: Jotun A, Onshore Norway

The Balder Future Concept Select Study Stage A was performed by APPLY in cooperation with Genesis Oil & Gas, and Global Maritime in June-August 2018. The study maturity is somewhere between DG1 and DG2.

The study has been a FEL1 class 2A study, according to the Point Resources PRMS (2A “Evaluate and Select”), where identification of all viable topside / SPS options for tie-in of new production wells, additional Prince/ King targets and existing Balder wells, considering design life to 2045 has been performed.

Scope of Work:

  • Framing and identification workshop
  • Concepts ranking and risk assessment
  • Concept engineering
  • Concept Select Challenge Workshop
  • High level cost and schedule estimate
  • Value engineering

Added value: Minimizing schedule, in order to target first oil schedule date of 2021, reducing development scope and CAPEX.

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