Kristin field comes on stream off Norway

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%.

Related Articles

Elf gets worst of both worlds in two European takeover battles

07/05/1999 How Elf has recently got caught up in two takeover bids, and how goverments rather than markets are the key drivers behind both.

Ins and outs of Elf's counter-bid for TotalFina

07/26/1999 How Elf took industry by surprise with a counter-bid for TotalFina, but analysts failed to be impressed.

US independent refiners get some breathing room, but long-term outlook bleak

12/03/1999 Near-term prospects are turning around for the US independent refining sector. That?s the good news. The bad news is that, for the long term, this...

Study quantifies benefits to E&P of technology

12/10/1999 Putting a number on how much technology can benefit E&P, plus the IPE marks progress on its pursuit of electricity futures trading.

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!


Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected