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Vår Energi sanctions 86-MMboe Balder development in North Sea
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Vår Energi sanctions 86-MMboe Balder development in North Sea
Vår Energi has approved the Balder Next New Wells project in the North Sea, a seven-well development targeting 86 MMboe of reserves and supporting long-term production growth through the Jotun FPSO hub.
·Houston, United States
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Vår Energi, Kistos take FID on seven-well Balder Next program
Vår Energi and partner Kistos Energy Norway took a final investment decision on the Balder Next New Wells project in the North Sea. The first phase comprises seven new wells tied back to the Jotun floating production, storage and offloading vessel, with start-up expected in Q4 2027. The project is expected to develop 86 million … The post Vår Energi, Kistos take FID on seven-well Balder Next program appeared first on Drilling Contractor.
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