Statoil Makes Gullfaks Discovery

MarineLink.com
Friday, April 19, 2013

Statoil and partner Petoro have proven additional resources in the Shetland Group/Lista Formation in the Gullfaks license.

The Shetland Group and the Lista Formation are younger and slightly shallower deposits with different properties compared to the deposits of the Brent Group where the Gullfaks main reservoirs are located.

Indications of hydrocarbons in the Shetland Group/Lista Formation in the Gullfaks license have been known for a long time, but they have not yet been developed due to poor reservoir qualities. A new well test in this interval however indicates good flow rates.

"The discovery provides new volumes that can give high-value production in a short time as well as new and promising perspectives for the field and the installations," said Øystein Michelsen, executive vice president for Development and Production Norway. "This is a result of Statoil's strategy for revitalization of the Norwegian continental shelf."

Production well 34/10-A-8 on the Gullfaks A platform, where the well test is carried out, currently provides a high and stable production of 7500 barrels/day. The well has produced nearly 1 million barrels since December 2012.

Preliminary calculations based on interpretation, modeling, formation testing and sampling in the relevant interval indicate that the discovery contains in the range of 40-150 million recoverable barrels of oil equivalents. However, this resource estimate involves a high degree of uncertainty. Our models indicate further upside potential, data gathering and studies are currently ongoing to clarify the potential and further development of these resources.

Located in the Tampen area in the northern North Sea, Gullfaks came on stream on December 22, 1986. The field development consists of three permanent installations, which have produced more than 2.4 billion barrels of oil and more than 56 billion cubic meters of gas.

The licensees of the Gullfaks Field are Statoil as operator with 70% and partner Petoro with 30%.
 

Maritime Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Energy

MHI Completes Development of "Sayaringo STaGE"

Mitsubishi Heavy Industries, Ltd. (MHI) has completed development of the "Sayaringo STaGE," a next-generation LNG (liquefied natural gas) carrier. The Sayaringo

Drillsearch Discovers Gas at Varanus South-1

Drillsearch Energy Limited announced a new wet gas discovery on the Western Cooper Wet Gas Fairway of the Cooper Basin. The Varanus South-1 well in PEL 513 (Drillsearch

Gazprom to Partner Turkey to Supply Gas

Moscow hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Taner Yildiz, Minister of Energy and Natural Resources of the Republic of Turkey.

News

USCG Suspend Search for Crabber Near Anacortes, Wash.

The Coast Guard has suspended the search for a crabber reported overdue near Anacortes, Wednesday. Dean Harvey, 48, of Bremerton, remains missing. Search

Third Strike, Mansour Is Out

The M/V "MANSOUR M" with IMO number 7600586 has been banned for the 3rd time after subsequent detentions after the second refusal of access order in the Paris MoU region.

MHI Completes Development of "Sayaringo STaGE"

Mitsubishi Heavy Industries, Ltd. (MHI) has completed development of the "Sayaringo STaGE," a next-generation LNG (liquefied natural gas) carrier. The Sayaringo

 
 
Maritime Contracts Maritime Security Navigation Offshore Oil Pipelines Port Authority Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2130 sec (5 req/sec)