NORECO updates ops on its offshore assets

Norwegian Energy Co. (NORECO) had to unexpectedly shut-down production at its Huntington field in June.

Aug 7th, 2014

Offshore staff

Norwegian Energy Co. (NORECO) had to unexpectedly shut-down production at its Huntington field in June. Since resuming production in July, output has been stable at a rate of 4,900 boe/d, net to NORECO.

Technical installation work related to the permanent repair of theSiri platform was completed, and production from the Siri field was partly resumed. Documentation and authority approvals remain before final commissioning, which will allow use of the subsea storage tank. This repair work, combined with production from the Siri field, is expected to result in more stable production from the other fields in the Siri area.

NORECO stated that the crude oil storage tank at the Siri platform is likely to be online in the 4Q 2014.

TheEnoch field is expected to restart production towards the end of the 3Q or early 4Q 2014, NORECO stated.

08/07/2014

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