Gyda ( no, Gydafeltet) is an offshore

oil field A petroleum reservoir or oil and gas reservoir is a subsurface accumulation of hydrocarbons contained in porous or fractured rock formations. Such reservoirs form when kerogen (ancient plant matter) is created in surrounding rock by the presence ...

located in the southern Norwegian section of

North Sea The North Sea lies between Great Britain, Norway, Denmark, Germany, the Netherlands and Belgium. An epeiric sea on the European continental shelf, it connects to the Atlantic Ocean through the English Channel in the south and the Norwegian S ...

along with Ula, Tambar and Tambar East fields making up the UGT area, usually attributed to

DONG Energy Dong or DONG may refer to: Places * Dong Lake, or East Lake, a lake in China * Dong, Arunachal Pradesh, a village in India * Dong (administrative division) (동 or 洞), a neighborhood division in Korea Persons *Queen Dong (1623–1681), princes ...

's main areas of exploration and production activity.

Repsol Repsol S.A.
El Nuevo Herald, 2012-05-31Originally an init ...

took over the operatorship on behalf of the licence in 2015 upon the acquisition of

Talisman Energy Talisman Energy Inc. was a Canadian independent petroleum company that existed between 1993 and 2015. The company was created from the assets of BP Canada after British Petroleum divested its 57 percent stake in June 1992. It was one of Canada' ...

's Norwegian assets. Oil production ceased in 2020 and the field was decommissioned in 2021. The Gyda field was discovered in 1980 and started producing on June 21, 1990. The field contains confirmed 39.6 million m³ of oil and 6.6 billion cubic meter of natural gas.

Ownership

Originally developed by BP, in 2003 it sold its interests (61%) in the Gyda Oil Field to the Canada-based

for $90 million. Talisman operated the field until it was inherited by

Repsol Repsol S.A.
El Nuevo Herald, 2012-05-31Originally an init ...

in 2015 as part of the acquisition of Talisman and assumed the operatorship on behalf of the licence. Partners of Talisman Energy,

and Norske AEDC AS (NAEDC),owned by Arabian Oil Company (AOC), hold 34% and 5% interest in the project, respectively. holds 34% Capital spending on Gyda was expected to be $131 million.

Production

Gyda is located in approximately of water. The main reservoir stands at in the Upper Jurassic Ula Formation. The field has one conventional steel facility with production, drilling, living quarters. Gyda currently produces an average of . The field also produces excessive amount of water making the oil production stable. Due to the difficulties, the production license was extended to 2018. Several new wells are currently being drilled. The produced oil is transported by a pipeline to

Ekofisk oil field Ekofisk is an oil field in block 2/4 of the Norwegian sector of the North Sea about southwest of Stavanger. Discovered in 1969 by Phillips Petroleum Company, it remains one of the most important oil fields in the North Sea. This was the first ...

and on to

Teesside Teesside () is a built-up area around the River Tees in the north of England, split between County Durham and North Yorkshire. The name was initially used as a county borough in the North Riding of Yorkshire. Historically a hub for heavy manu ...

for refining.

References

External links

Talisman Energy official website
{{Resources in Norway Former Ørsted (company) oil and gas fields North Sea oil fields Oil fields in Norway

Ownership

Production

See also

References

External links