Statoil starts producing oil from Morvin

By OGJ editors
HOUSTON, Aug. 2
-- Statoil Petroleum AS started oil production from the subsea completed Morvin field in the Norwegian Sea Block 6506/11. A 20-km pipeline ties back Morvin to the Asgard B platform on the Halten Bank.

Morvin is an 8.7 billion kroner (2007 value), two subsea template development with four production wells in 350 m of water. The discovery well drilled in 2001 found oil in Middle Jurassic sandstones in the Garn and Ile formations at a depth of about 4,500 m.

Statoil expects Morvin initially to produce about 24,000 boe/d with production increasing to 51,000 boe/d after start-up of a second well. The company estimates that the field will recover 70 million boe during its 15 year life.

Statoil is the operator and holds a 64% interest in the field. Partners are Eni Norge AS 30% and Total E&P Norge AS 6%.

Related Articles

IEA: Global oil demand revised upward on stronger data

03/24/2014 Global oil demand in 2013 rose by 1.3 million b/d year-over-year to 91.3 million b/d, according to the latest, near-complete set of demand data for...

Cenovus gets AER approval for Grand Rapids oil sands project

03/21/2014 Cenovus Energy Inc. reported that it has received approval from the Alberta Energy Regulator (AER) for its wholly owned Grand Rapids thermal oil sa...

Shell lets contracts for Majnoon development

03/18/2014 Shell Iraq Petroleum Development BV has let engineering and procurement services contracts to Foster Wheeler Kentz Energy Services DMCC, Dubai, for...

Ivanhoe halts Tamarack oil sands project citing lack of regulatory ‘clarity’

03/18/2014 Ivanhoe Energy Inc. has suspended activity on its Tamarack oil sands project pending approval for its thermal oil sands application from the govern...

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