Fossil Energy – shutdown
After more than 30 years on stream and over 400 million barrels of oil equivalent, the Veslefrikk partnership is now planning for shutdown of the field in the spring of 2022.
The plugging of wells has already started.
The field was discovered in 1981, and when it came on stream in 1989, Veslefrikk’s development concept, as a first on the Norwegian continental shelf, consisted of a floating production unit.
Equinor has invested some NOK 20 billion in Veslefrikk, and the field’s productive life has been extended several times. When the plan for development and production (PDO) was submitted the field was expected to be shut down as early as in 2009.