The Brynhild field is located adjacent to the Norway-UK border in production licence 418, and first production from the field is expected in late 2013.
The company said that the field’s development will be a three well subsea tie-back to the Pierce FPSO vessel located in the UK, 38km south of the field.
The Brynhild field is estimated to hold gross reserves of about 20 million barrels of oil equivalents with net peak production of about 6,000 barrels of oil equivalents per day.
Lundin Petroleum operates the field with a 50% working interest and its partners are Talisman (30%) and Noreco (20%).
