Statoil awards Kvitebjørn contracts

Operator Statoil signed contracts for well services in connection with the development of the Kvitebjørn gas and condensate field in the North Sea. If the 11 planned production wells are drilled, the contracts will be worth a total of around NOK 400 million.

LONDON, Oct. 4 -- Operator Statoil AS signed contracts for well services in connection with the development of the Kvitebjørn gas and condensate field in the North Sea. If the 11 planned production wells are drilled, the contracts will be worth a total of around NOK 400 million. Plans call for drilling to start in August 2003.

The Kvitebjørn development is technologically demanding because the reservoir is under high pressure and high temperature. Four of the 11 wells are planned to be operative when the field comes on stream in autumn 2004.

Statoil has a 50% interest in Kvitebjørn. The Norwegian state's direct financial interest is 30%. The other licensees are Norsk Hydro, 15%; and TotalFinaElf, 5%.

Trond Røsbak, manager for drilling and well activities on Kvitebjørn, said contractors would be actively involved as early as the planning phase. "We have focused on the skills and quality of our suppliers when choosing their services, and we look forward to cooperating with them on Kvitebjørn," he said.

Schlumberger Oil Field Services will provide services within directional drilling, logging while drilling, mud logging and electrical logging.

Halliburton will supply drilling fluids and cementing services. Baker Oil Tools was awarded the contract for downhole completion services and installation of tools in the wells. The contract for production drilling and maintenance of the drilling package was already awarded to Prosafe.

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