Norway – UK (Stratford Field)
JDA9@NOUKS
Europe
A. Agreement between the Government of the United Kingdom of Great Britain and Northern Ireland and the Government of the Kingdom of Norway relating to the exploitation of the Statfjord Field Reservoirs and the offtake of petroleum therefrom.
B. Exchange of Notes between the Government of the United Kingdom of Great Britain and Northern Ireland and the Government of the Kingdom of Norway amending the Agreement relating to the Exploitation of the Statfjord Field Reservoirs and the Offtake of Petroleum therefrom.
[JDA9@NOUKS#1B Exchange of Notes amending Statfjord field Agmt 1995]
Implementation Date: Signed on 16 October 1979, entered into force 30 January 1981
Maritime border Defined
Simple Revenue Sharing / Unitization
Summary:
Statfjord was the second transborder field to be developed as a single unit in the North Sea.
Statfjord is a field in the northern part of the North Sea, on the border between the Norwegian and UK sectors.The Norwegian share of the field was determined to be 85.47 per cent. The Statfjord was discovered in 1974, and is still producing.
Split:
The two Governments shall consult each other with a view to agreeing determinations of the limits of the Statfjord Field Reservoirs, of estimated total Reserves and of an apportionment of the Reserves as between the Continental Shelf appertaining to the United Kingdom and the Continental Shelf appertaining to the Kingdom of Norway.
<From JDA9@NOUKS#1 [2]>
Governance:
The Statfjord Field Reservoirs shall be exploited as a single unit.
The two Governments shall ensure that for the purposes of the exploitation, in accordance with this Agreement, of the Statfjord Field Reservoirs a unit operator is appointed by agreement between the Licensees.
<From JDA8@NOUKS#1 [1][4]>
Other References:
Agreement between the Government of the United Kingdom of Great Britain and Northern Ireland and the Government of the Kingdom of Norway relating to the delimitation of the continental shelf between the two countries, 10 March 1965.
<JDA institute Locator><Original Source>
Framework Agreement between the Government of the United Kingdom of Great Britain and Northern Ireland and the Government of the Kingdom of Norway concerning Cross-Boundary Petroleum Co-operation (executed 4 April 2005, into force 10 July 2007)
<JDA Institute Locator> <Original Source>