Total outlines $4 billion plan for Hild in North Sea

Jan. 25, 2012
Total has submitted to the Norwegian Petroleum Directorate (NPD) a plan of development for the Hild oil and gas field.

Offshore staff

OSLO, Norway –Total has submitted to the Norwegian Petroleum Directorate (NPD) a plan of development for the Hild oil and gas field.

Hild, which was discovered via the 30/7-6 well in the Norwegian North Sea, has estimated recoverable reserves of 29 MMcmoe (1Bboe).

Total’s $4.23-billion scheme involves construction of anintegrated wellhead, living quarters, and production platform with an anticipated lifespan of 30 years.

The facility will be designed for remote control from an onshore base in Stavanger via an undersea cable from Kollsnes, and will also receive power from land, the purpose being to cut carbon dioxide emissions by 200,000 – 250,000 metric tons/yr (220,462-275,578 tons/yr).

Hild’s oil will be sent through a pipeline to a 620,000-bbl capacity storage vessel for processing before being offloaded to shuttle tankers. The ship will also receive power from the production platform.

Total aims to produce gas and condensate from Hild Øst and oil from Hild Olje first, without pressure support. Later, oil reserves from the Frigg formation (Hild Sentral and Hild Vest) will be phased in and developed using gas lift.

Production should start in 2016. Total’s partners in the project are Petoro and Statoil.

01/25/2012