OKEA, DNO Make FID on Brasse Development in North Sea
The field is estimated to contain 24 million barrels of oil equivalent gross in recoverable reserves and will be developed as a tie-back to the Brage field...
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The field is estimated to contain 24 million barrels of oil equivalent gross in recoverable reserves and will be developed as a tie-back to the Brage field...
The field is expected to come on stream during the first half of 2027 and is anticipated to operate until 2031 with potential for extension. Plateau oil production is estimated at around 26,000 boed and is expected within the first year of production.
The transaction value was not disclosed.
The Norwegian oil and gas company OKEA cut its output guidance for 2023 on the back of the news that the Wintershall Dea…
OKEA has completed the acquisition of Wintershall Dea's interests in three offshore fields in the Norwegian part of the North Sea.