Halten East, an offshore development situated in the Kristin-Åsgård area of the Norwegian Sea, is advancing as planned. This significant project encompasses six gas discoveries and three prospects, leveraging the existing infrastructure and processing capabilities at Åsgard B.
The recoverable reserves in Halten East are estimated to be approximately 100 million barrels of oil equivalents, with gas making up about 60 percent of this total. The gas will be transported to Europe through the Kårstø facility, contributing to energy supplies in the region.
The Åsgard B platform in the Norwegian Sea
Photo: Gudmund Nymoen / Equinor
Grete Birgitte Haaland, senior vice president for Exploration and Production North at Equinor, highlighted the project’s importance: “Halten East is an important project with strong profitability and low emissions, in a core area for Equinor. The transaction is in line with our strategy of optimising our portfolio on the Norwegian continental shelf to ensure long-term value creation.”
The development is set to unfold in two distinct phases. The first phase, scheduled for 2024-2025, involves drilling six wells for five of the identified discoveries. The second phase, projected for 2029, includes a sidetrack to one of the discoveries and the potential for three additional wells targeting the prospects. Approved in May 2022, the Halten East Unit remains on track to commence production next year, reinforcing its role as a strategic project within Equinor’s portfolio.
For more information visit www.equinor.com
