By OGJ editors
HOUSTON, Nov. 3 -- The high-pressure, high-temperature Kristin gas and condensate field in the Norwegian Sea has come on stream, reported Total SA, a partner.
Kristin is a subsea development in 315 m of water. It involves a complex reservoir more than 4,500 m beneath the seabed. Operator Statoil ASA previously increased its investment estimate for Kristin by 1.4 billion kroner to 20.8 billion kroner (OGJ Online, Mar. 11, 2005).
Kristin's pressure, 900 bar, and temperature, 170° C., are higher than those of any other field developed on the Norwegian continental shelf to date. The reservoir is to be produced through 12 subsea wells, with a production capacity of 126,000 b/d of condensate and 18 million cu m/day of rich gas.
Statoil holds 46.6% interest in Kristin, and Total holds 3%. Other licensees are Petoro AS 18.9%, Norsk Hydro AS 12%, ExxonMobil Corp. 10.5%, and Agip SPA 9%.