Statoil boosts recoverable volumes for Sleipner West field

By OGJ editors

HOUSTON, Dec. 7 -- Statoil ASA, operator of Sleipner West oil field in the Norwegian North Sea, plans work to boost estimated recoverable volumes by 350 million boe and maintain gas production at its 775 MMscfd plateau level, reported partner ExxonMobil Exploration & Production Norway AS.

Key program components are Sleipner West's Alpha North satellite development, which began production Oct. 11from a subsea template, four wells, and a pipeline to the Sleipner T gas treatment installation on Sleipner East (OGJ Online, Oct. 13, 2004). Modification of the Sleipner T platform to accommodate compression saved $380 million against the cost of a new platform.

Licensees are Statoil with 49.5%, ExxonMobil 32.34%, Total SA 9.41%, and Norsk Hydro AS 8.85%.

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