Trym gas field development to be subsea tie-back
The Trym discovery well was drilled in 1990 and tested gas and condensate at rates of 29.6 million standard cubic feet per day and 3,800 barrels per day, respectively. The base case gas reserves for the field are 120 billion cubic feet (bcf) (12 bcf net to Faroe) and condensate reserves of 4.7 million barrels (mmbbls) (0.47 mmbbls net to Faroe), in total 2.5 million barrels of oil equivalent net to Faroe. The licence also benefits from several additional prospects with potential for tie back for development.
A field development plan for Trym is expected to be submitted to the Norwegian authorities in late 2008 via subsea tie-back to one of a choice of existing fields and export routes.
