Vår Energi is increasing production and reserves from the Gjøa field
Vår Energi ASA announced an increase in both production and recoverable reserves at the Gjøa field (PL153) following the successful start-up of the Gjøa Low Pressure Project.
The project involved modifications to the compressor systems on the Gjøa platform, allowing wells to operate longer and at higher production rates, thereby boosting the field’s remaining recoverable volumes.
As a result, gross production from the Gjøa field has risen by 6,000 barrels of oil equivalent per day (kboepd), from 35 kboepd to 41 kboepd. Additionally, recoverable reserves have grown by 6.3 million barrels of oil equivalent — an increase of around 25%. The Low Pressure Project also extends Gjøa’s economic production life by two to three years and is expected to achieve payback in less than six months.
COO of Vår Energi Torger Rød said:
“This is a great achievement. By using off-the-shelf technology, we are not only boosting production and remaining recoverable volumes from the Gjøa field, we are also prolonging the economic lifetime of the other producing fields Duva, Vega and Nova that are tied into the Gjøa platform. This is a win-win situation for the producing fields and the development projects in the Greater Gjøa area.”
The platform modifications enable more flexible operations and are designed to optimise production across all connected fields. The project was carried out during a planned maintenance shutdown to minimise disruption to daily operations.
Concept select studies were completed by Aker Solutions, while project execution was handled by Rosenberg Worley. Low-pressure production officially began in September.