Offshore staff
OSLO, Norway --Hydro has contracted FMC Kongsberg Subsea AS to supply a subsea well template and well heads for a new Troll field seafloor development.
The NOK 390-million ($65.25-million) contract covers five subsea trees, one six-slot manifold with protection structure, and related controls. Delivery is scheduled for 2Q 2009.
"We now have the opportunity to drill new wells in an area of the Troll field that gives us 20 MMbbl of new oil reserves," says Ivar Aasheim, head of Hydro's Troll Mature Assets business unit.
The new subsea construction effort, called Troll O2, allows the drilling of new wells with several production extensions. A well slot is included to accommodate drilling production wells into the Brent formation, where oil was proven in 2005. The new well template will be tied into the Troll C production platform in the North Sea.
Troll Oil includes blocks 31/2, 31/3 and 31/5 and is some 80 km (50 mi) northwest of Bergen. The field is developed with two production platforms, Troll B and Troll C, and subsea production systems.
License holders in Troll Oil are Hydro (operator), 9.78%; Statoil, 20.81%; Petoro, 56%; Shell, 8.10%; Total, 3.69%; and ConocoPhillips, 1.62%.
4/26/2007