Statoil starts Gullfaks fields oil production

Uchenna Izundu
International Editor

LONDON, Feb. 8 -- Statoil ASA has begun oil production from its Skinfaks field and has implemented improved oil recovery techniques to boost oil output from Rimfaks field. Both lie in the Gullfaks license in the Tampen area of the Norwegian North Sea.

The fields are expected to make up 12% of Gullfaks license production when all wells go on production this fall. Gullfaks produced 130,000 b/d of oil during third quarter 2006.

A Statoil spokesman told OGJ that four of the horizontal wells were completed using the downhole instrumentation and control system (DIACS) to enhance oil recovery at Rimfaks. "Rimfaks production before the IOR project was approximately 17,000 b/d of oil and condensate," he said.

DIACS increases oil production from existing wells by monitoring down-hole physical properties and correcting them remotely if the conditions are unfavorable.

Rimfaks production was improved by tying back several wells to the Gullfaks C platform. The field was developed in June 2000 as a satellite, with the wellstream tied back to the Gullfaks A platform.

Skinfaks, which was proved in 2002, comprises several smaller structures from the Brent group geological formation. It was developed with a subsea production system tied in to existing xmas trees on Gullfaks South satellite field.

Lars Christian Bacher, senior vice-president for the Tampen business cluster, said, "By combining Skinfaks development with several Rimfaks wells, we've achieved an economic development of two satellites which individually would have been marginal… The project secures good exploitation of the Gullfaks area infrastructure, with small investments."

Both projects cost $535.8 million to develop, and recoverable reserves are estimated at 62 million boe for Skinfaks and the IOR part of Rimfaks. The recovery ratio for Rimfaks will increase by 36-47% with Skinfaks-Rimfaks IOR.

Statoil said, "When all project wells are completed, Rimfaks IOR and Skinfaks production will represent around 35% of the Gullfaks license's oil production via the Gullfaks C platform."

Statoil is operator of the Gullfaks license with a 61% share. Other licensees are Petoro AS 30% and Norsk Hydro SA 9%.

Contact Uchenna Izundu at uchennai@pennwell.com.

Related Articles

Central starts gas sales from Palm Valley field

02/09/2015 Central Petroleum Ltd., Brisbane, is to start sale of early natural gas from Palm Valley field to Northern Territory Power & Water Corp. under ...

Statoil group chooses unmanned wellhead platform for Oseberg

02/09/2015 A group led by Statoil ASA has chosen an unmanned wellhead platform as the concept for the first phase of the Oseberg development project in the No...

Oxy cuts capital budget by a third

02/09/2015 In the midst of falling oil prices, Occidental Petroleum Corp., Houston, expects to reduce its total capital spending for 2015 to $5.8 billion from...

White House proposes making ANWR coastal plain wilderness

02/09/2015 The Obama administration said it will propose managing more of the Arctic National Wildlife Refuge, including its coastal plain, as wilderness.

Obama's proposed fiscal 2016 budget recycles oil tax increases

02/09/2015 US President Barack Obama has proposed his federal budget for fiscal 2016 that he said was designed to help a beleaguered middle class take advanta...

Statoil reduces capital budget by $2 billion following 4Q losses

02/06/2015 Statoil ASA has reduced its organic capital expenditure to $18 billion in 2015 from $20 billion in 2014. The move comes on the heels of a fourth qu...

Oil-price collapse may aggravate producing nations’ other problems

02/05/2015 The recent global crude-oil price plunge could be aggravating underlying problems in Mexico, Colombia, and other Western Hemisphere producing natio...

Oil production begins at Nasr Phase-1 offshore Abu Dhabi

02/05/2015 The first phase of Nasr oil field offshore Abu Dhabi will be producing 22,000 b/d by yearend, according to United Arab Emirates news agency WAM.

Woodside lets FEED contract for Greater Western Flank project

02/05/2015 Woodside Petroleum Ltd. has let a contract to Wood Group Kenny for the front-end engineering and design for the flowline system and associated proc...
White Papers

Transforming the Oil and Gas Industry with EPPM

With budgets in the billions, timelines spanning years, and life cycles extending over decades, oil an...
Sponsored by

Asset Decommissioning in Oil & Gas: Transforming Business

Asset intensive organizations like Oil and Gas have their own industry specific challenges when it com...
Sponsored by

Squeezing the Green: How to Cut Petroleum Downstream Costs and Optimize Processing Efficiencies with Enterprise Project Portfolio Management Solutions

As the downstream petroleum industry grapples with change in every sector and at every level, includin...
Sponsored by

7 Steps to Improve Oil & Gas Asset Decommissioning

Global competition and volatile markets are creating a challenging business climate for project based ...
Sponsored by

The impact of aging infrastructure in process manufacturing industries

Process manufacturing companies in the oil and gas, utilities, chemicals and natural resource industri...
Sponsored by

What is System Level Thermo-Fluid Analysis?

This paper will explain some of the fundamentals of System Level Thermo-Fluid Analysis and demonstrate...

Accurate Thermo-Fluid Simulation in Real Time Environments

The crux of any task undertaken in System Level Thermo-Fluid Analysis is striking a balance between ti...

6 ways for Energy, Chemical and Oil and Gas Companies to Avert the Impending Workforce Crisis

As many as half of the skilled workers in energy, chemical and oil & gas industries are quickly he...
Sponsored by
Available Webcasts

On Demand

Global LNG: Adjusting to New Realities

Fri, Mar 20, 2015

Oil & Gas Journal’s March 20, 2015, webcast will look at how global LNG trade will be affected over the next 12-24 months by falling crude oil prices and changing patterns and pressures of demand. Will US LNG production play a role in balancing markets? Or will it add to a growing global oversupply of LNG for markets remote from easier natural gas supply? Will new buyers with marginal credit, smaller requirements, or great need for flexibility begin to look attractive to suppliers? How will high-cost, mega-projects in Australia respond to new construction cost trends?

register:WEBCAST


US Midstream at a Crossroads

Fri, Mar 6, 2015

Oil & Gas Journal’s Mar. 6, 2015, webcast will focus on US midstream companies at an inflection point in their development in response to more than 6 years shale oil and gas production growth. Major infrastructure—gas plants, gathering systems, and takeaway pipelines—have been built. Major fractionation hubs have expanded. Given the radically changed pricing environment since mid-2014, where do processors go from here? What is the fate of large projects caught in mid-development? How to producers and processors cooperate to ensure a sustainable and profitable future? This event will serve to set the discussion table for the annual GPA Convention in San Antonio, Apr. 13-16, 2015.

This event is sponsored by Leidos Engineering.

register:WEBCAST


The Future of US Refining

Fri, Feb 6, 2015

Oil & Gas Journal’s Feb. 6, 2015, webcast will focus on the future of US refining as various forces this year conspire to pull the industry in different directions. Lower oil prices generally reduce feedstock costs, but they have also lowered refiners’ returns, as 2015 begins with refined products priced at lows not seen in years. If lower per-barrel crude prices dampen production of lighter crudes among shale plays, what will happen to refiners’ plans to export more barrels of lighter crudes? And as always, refiners will be affected by government regulations, particularly those that suppress demand, increase costs, or limit access to markets or supply.

register:WEBCAST


Oil & Gas Journal’s Forecast & Review/Worldwide Pipeline Construction 2015

Fri, Jan 30, 2015

The  Forecast & Review/Worldwide Pipeline Construction 2015 Webcast will address Oil & Gas Journal’s outlooks for the oil market and pipeline construction in a year of turbulence. Based on two annual special reports, the webcast will be presented by OGJ Editor Bob Tippee and OGJ Managing Editor-Technology Chris Smith.
The Forecast & Review portion of the webcast will identify forces underlying the collapse in crude oil prices and assess prospects for changes essential to recovery—all in the context of geopolitical pressures buffeting the market.

register:WEBCAST


Emerson Micro Motion Videos

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