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Wintershall Norge

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23.04.2015

Latest find supports Aasta Hansteen areaWintershall and its partners have discovered a column of gas at the Roald Rygg prospect in the Norwegian Sea

Wintershall and its partners have discovered a column of gas at the Roald Rygg prospect in the Norwegian Sea, strengthening again the Aasta Hansteen development and Polarled gas pipeline.

The latest find 12km west of Aasta Hansteen is yet to be fully evaluated technically and commercially but supports the decision to invest in the area through the Benz asset acquisition with Statoil in December 2014. The deal made Wintershall the second largest shareholder in both Aasta Hansteen and Polarled and delivered stakes in the Asterix prospect and three nearby exploration licenses.

"We knew that there were upsides when we signed the agreement with Statoil and created a new core exploration and development area in the Vøring Basin. This find underlines the good work we have done in analysing the data and putting our company in a strong position to benefit from the development of this region of the Norwegian Sea," said Guy Oakes, Wintershall Norge Head of Exploration.

The Roald Rygg find follows the discovery at Snefrid Nord in March. The two are being considered as potential tie-backs to Aasta Hansteen. Asterix is also being considered as a tie back to the platform. Discoveries like these, tied back to Aasta Hansteen would ensure greater use of available capacity in Wintershall-owned production and transportation facilities including Polarled which will transport gas 480km south to the Nyhamna processing facility in Western Norway.

"These discoveries help to explain why Aasta Hansteen is such an exciting project. It is in an area of the Norwegian Sea with very little infrastructure, so we are working in a new deep water environment with the technical challenges that involves," said Deborah Sandven, Wintershall Norge Asset Manager for Aasta Hansteen.

Installation of the Polarled pipeline is underway, with the laying of the first pipes at the end of March. It is scheduled to be completed in time for Aasta Hansteen’s expected startup.

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