Offshore staff
STAVANGER , Norway -- Statoil looks to fasttrack four field development projects on the Norwegian shelf with combined recoverable reserves estimated at over 140 MMboe. The fields are:
• Katla in the North Sea, to be developed as a satellite of Oseberg Sør, and scheduled to start up end-2012
• Vigdis Nordost, to be developed as a tieback to the Snorre complex in the North Sea, with production set to start in 2012
• Gygrid in the Norwegian Sea, a planned satellite of either Shell’s Draugen or Statoil’s Njord complexes, due onstream in 2012-13
• Pan/Pandora, a satellite either to Visund or Gullfaks in the North Sea, with an expected production start in 2012.
“Our ambition on certain fields...is to halve the time from discovery to production,” said Staale Tungesvik, Statoil’s head of reserves and business development. Speeding up development will help the company achieve its goal of sustaining current oil and gas production rates on the Norwegian shelf, he added.
Statoil has nine prospects on its books set to be developed with one seabed template and several wells.
“If we are going to be able to realize profitable developments, such projects demand a different approach to that on major fields. By rationalizing time and resources and by using standard equipment, Statoil will reduce the norm time for simple developments from about five to two and a half years,” said Tungesvik.
An associated goal is to cut development costs for these types of projects by 20-40% compared with current levels.
03/16/2010
