Statoil and its partners Centrica and ExxonMobil have decided to extend production at the Statfjord A platform in the North Sea until 2020.
Statoil said an active drilling program was contributing to the continued maturation of recoverable reserves on Statfjord. “By the time 2013 draws to a close, we will have drilled 11 wells, while 10 new wells are planned for 2014,” said Statoil.
Image: Statfjord A. Credit: Harald Pettersen, Statoil.
Statfjord A is Statoil’s oldest platform - production started from the facility in 1979. Originally, the Statfjord partnership hoped to recover 40% of the oil in the Statfjord field. To date, the result is 66%. The partnership’s new goal is to recover 74% of the gas from Statfjord.
OE@OE broke the news Statoil was mulling extending the life of Statfjord A during Offshore Europe. Read more: http://oedigital.com/component/k2/item/3935-oe13-statoil-mulling-statfjord-a-life-extension
The Statfjord field has produced more than 4.7 billion barrels of oil equivalent. Statfjord A's highest producing well, A-06, has produced 120 million barrels on its own.
The production record for a single day was set on 16 January 1987, when 850,204 bbl were produced.
Partners in Statfjord are: Statoil Petroleum AS (44.34% - operator), ExxonMobil Exploration and Production Norway AS (21.37%) Centrica Resources (Norway) AS (19.76%) and Centrica Resources Limited (14.53%).
Subscribe
