DEA awards Dvalin drilling contract to Transocean

Transocean Norway Operations AS with the drilling rig Transocean Arctic is awarded the contract to drill production wells at the Dvalin field in the Norwegian Sea.

Drilling of the four production wells will start mid-2019 and the operation is planned to last 340 days. The contract value is 68 million US Dollars. The agreement also opens up for using the rig for additional wells. 

“Drilling the production wells will be an important step towards production start of the Dvalin field in autumn 2020. DEA is very satisfied with having Transocean on board for the drilling operations,” says Hans-Hermann Andreae, Managing Director of DEA Norge.

The Dvalin field is the first operated field development project for DEA Deutsche Erdoel AG in Norway.

Further information

Olaf Mager
Head of External Communications
T  +49 40 6375 2877 
M +49 162 273 2877 
E [email protected] 

Frank Meyer
Manager External Communications
T +49 40 6375 2759
M +49 162 273 2559
E [email protected]

 

Background information

The Dvalin field is located in PL435, blocks 6507/7/9 and 6507/8 in the Norwegian Sea, approximately 15 kilometres north west of Heidrun and 290 kilometres from Nyhamna in Mid-Norway. Recoverable resources are 18.2 billion standard cubic meters of natural gas. 
Dvalin will be developed with a four wells subsea template, which is tied back to the Heidrun platform. At Heidrun, the gas will be partly processed in a new module, before the gas is transported via the new Polarled pipeline, going to the Nyhamna onshore gas terminal. At Nyhamna, the gas will be processed and transported to the European market.
DEA Norge is operator of licence PL435 with a 55% share. Partners are Petoro (35%) and Edison (10%).  

DEA Norge has a solid and promising licence portfolio with assets in all major phases in the North Sea, the Norwegian Sea as well as in the Barents Sea. DEA operates the Dvalin development, is partner in 11 producing fields as well as in promising discoveries, like Alta, Snadd, Bauge or Skarfjell. Furthermore, DEA holds interests in attractive exploration licences as operator and partner on the NCS. DEA has been present in Norway via its subsidiary DEA Norge for more than 40 years.

DEA Deutsche Erdoel AG is an international operator in the field of exploration and production of crude oil and natural gas based in Hamburg. Its focus is on safe, sustainable and environmental conscious exploitation of oil and gas. DEA has 118 years of experience working along the whole upstream value-chain as operator or project partner. With a staff force of 1,150 employees DEA has shares in production facilities and concessions in, among others, Germany, Norway, Denmark, Egypt, Algeria and Mexico.