According to Equinor, the development of Snefrid Nord costed about NOK 1.2 billion and the field was primarily set to start production at the end of 2019.

The recoverable resources for Snefrid Nord are estimated at about 4.4 billion standard cubic metres of gas (27.5 million barrels oil equivalents) and some condensate. In that way the plateau production from Aasta Hansteen will be extended for almost a year.

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In the meantime, on plateau Snefrid Nord will produce four million cubic metres of gas per day, and production is planned for five to six years.

Licence owners are Equinor Energy (operator, 51%). Wintershall Dea (24%) OMV (Norge) (15%) and ConocoPhillips Skandinavia (10%).

Snefrid Nord has been delivered without any serious injuries, ahead of schedule and within the cost estimate

... stated Geir Tungesvik, senior vice president for project development in Equinor.

Overall, Aasta Hansteen came online in December 2018, located in 1,300 meters (4,265 feet) of water in the Vøring area in the Norwegian Sea. The filed, in collaboration to the Polarled pipeline, opened the path for gas exports in Europe.

With the infrastructure in place, Equinor says more satellites may be developed in the area.

The template and the suction anchor have been delivered by Aker Solutions in Sandnessjøen, which also delivered the Aasta Hansteen template. The Transocean Spitsbergen rig drilled the well while drilling the Aasta Hansteen wells, and Subsea 7 installed the template in the same campaign as the Aasta Hansteen risers. Pipeline end termination (PLET) for Snefrid Nord has been delivered by Momek in Mo i Rana.