Development
Verdande is a field in the Norwegian Sea, 10 kilometres north of the Norne field. The water depth is 380 metres. Verdande was discovered in 2017, and the plan for development and operation (PDO) was approved in June 2023. The development concept includes a subsea template with three production wells tied-back to the Norne floating production, storage and offloading vessel (FPSO).Reservoir
The reservoir contains oil and gas in sandstone of Early Cretaceous age in the Lange Formation. It is at a depth of about 3000 metres and has good quality.Recovery strategy
The field will be produced by pressure depletion.Transport
The gas will be exported via the Åsgard Transport System (ÅTS) to the terminal at Kårstø. Oil and condensate will be offloaded from the Norne FPSO to shuttle tankers.Status
The field is under development, and the production is planned to start in 2025.ACCRUED INVESTMENTS IN NOMINAL NOK
Source: Norwegian Offshore Directorate
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NORWEGIAN OFFSHORE DIRECTORATE'S CURRENT RESOURCE ESTIMATES
All numbers in mill. Sm3 o.e.
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