Storting confirms Statoil’s holdingBrown & Root lands offshore job

Licence committee for unitisation

person Norwegian Petroleum Museum
The licensees for the British and Norwegian sides of Statfjord held an informal meeting in December 1974 to discuss unitisation – an agreement on joint development and production of the field – and to determine its division between the two countries.
— The boundary between the Norwegian and British sectors of the North Sea was based on the median line principle. Here from the border on the Frigg field. Photo: Jan A. Tjemsland/Norwegian Petroleum Museum
© Norsk Oljemuseum

It had already been established in May that Statfjord extended across the North Sea boundary. Agreements on exchanging well and seismic survey data were entered into during May 1975. Conoco was operator for the UK licence and coordinated exploration drilling.

The first formal meeting took place in August 1975, when the Statfjord field licensees committee (SFLC) was created to take ultimate charge of the unitisation work. Each licensee had one member and an alternate on this committee. The UK licensees attended solely as observers without voting rights until a preliminary unitisation agreement was signed in June 1976.

This estimated that the Norwegians held 88.88 per cent of the field’s reserves while the British had 11.11 per cent. That division has later been adjusted by agreement.

To learn more, see the articles on: Statfjord agreements and The final redetermination, 1995-98 .

Sources
Kostnadsanalysen – norsk kontinentalsokkel : Rapport 2 : Utbyggingsprosjektene på norsk sokkel : Fra styringsgruppen oppn. 1979-03-16 (Utredninger 1980:64). (1980). Oslo: 130-140.

Storting confirms Statoil’s holdingBrown & Root lands offshore job
Published December 4, 2019   •   Updated December 11, 2019
© Norsk Oljemuseum
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