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    PGNiG intensifies production of natural gas on the Norwegian Continental Shelf.


    May 17, 2022 - NS Energy

     

      PGNiG Upstream Norway intends to generate more volume of around 0.5 bn cu m of natural gas this 2022. This will allow the firm's overall production to stand at 3 bcm of gas in the year. After the launching of the Baltic Pipe pipeline, the resulting hydrocarbons by the PGNiG Group in Norway will be shipped to Poland. The increased gas production comes from three reservoirs: Skarv, Gina Krog and Duva. In the case of the first two fields, the boost in yield will be possible due to the cessation of gas injection into the reservoirs. PGNiG Upstream Norway and its licence partners have secured approvals. With this, the firm will generate additional more than 300 M cu m (mcm) from Gina Krog and roughly 150 mcm of natural gas from the Skarv field by end-2022. In the case of Duva, the boost in output is possible because of the use of free capacities at the production installation serving the Gjoa field, to which Duva is involved. The extra capacity will be accessible until end-Aug 2022, when the Nova field, also Gjoa tie-in, will be launched. Until then, PGNiG Upstream Norway intends to generate another 30 mcm of gas from Duva. PGNiG Upstream Norway estimates that it can yield a total of around 0.5 bcm of additional gas from Duva, Skarv, and Gina Krog this 2022, indicating that the firm may produce roughly 3 bcm in 2022, above 15% over the forecast. Once the Baltic Pipe pipeline is unveiled in 4Q 2022, PGNiG will be capable of providing additional volumes from Skarv and Gina Krog to Poland. PGNiG Upstream Norway assumes to meet additional production volumes also in the next years. In 2023, the company intends to generate 2.5 bcm of gas, ie 100 mcm more than previously forecast. In 2024, the PGNiG Group's production on the Norwegian Continental Shelf may achieve 2.9 bcm - 0.3 bcm more than expected so far. The production trend will be possible mainly due to the discontinuation of gas injection and extraction of gas that has already been injected. PGNiG Upstream Norway secures an 11.3% interest in the Gina Krog licence, a 30% interest in Duva licence, and an 11.92% interest in Skarv licence. The firm's licence partners are KUFPEC and Equinor (Gina Krog), Equinor, AkerBP, and WintershallDEA Norge (Skarv) and INPEX Idemitsu Petroleum Norge, Neptune Energy, and Sval Energi (Duva). Original Source: NS Energy, http://www.nsenergybusiness.com.

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