Statoil to extend Huldra production life

April 7, 2005
In a 600 million-kroner project to improve Huldra gas field recovery and extend field life by 5 years, Statoil ASA has awarded a 320 million- kroner turnkey contract to Vetco Aibel to prepare a module and platform for a compressor to be installed on the North Sea platform.

By OGJ editors

HOUSTON, Apr. 7 -- In a 600 million-kroner project to improve Huldra gas field recovery and extend field life by 5 years, Statoil ASA has awarded a 320 million- kroner turnkey contract to Vetco Aibel to prepare a module and platform for a compressor to be installed on the North Sea platform.

Dresser Rand will supply the compressor, and Saipem UK will transport and install the module.

Statoil expects the project to be completed in late 2006 or early 2007, extending production to 2011 at the field, where reservoir pressure has been falling and output declining.

"We expect the field to cease flowing in the autumn of 2006 unless action is taken," said Bjørg Aalstad, operations vice-president for Huldra and Veslefrikk fields. "This gas and condensate field is entering its tail production phase."

The Huldra platform came on stream in November 2001 and is remotely operated from Veslefrikk B.