StatoilHydro to drill additional wells on Sleipner

StatoilHydro reported that it will drill five or six new wells in Sleipner West gas-condensate field in the Norwegian North Sea by 2010.

Uchenna Izundu
International Editor

LONDON, Jan. 11 -- StatoilHydro reported that it will drill five or six new wells in Sleipner West gas-condensate field in the Norwegian North Sea by 2010 after excising an option to use the West Epsilon jack up rig. Additional exploration could increase reserves by 9 billion cu m of gas and boost production beyond 2020.

"The option has a value of 620 million kroner, and the total value of the contract now entered into with Seadrill for Sleipner West [drilling] since last summer now amounts to 1.18 billion kroner," StatoilHydro said.

The company will shoot a seismic survey on the field later this year, focusing on advanced seismic methods to reduce risk and increase effectiveness in its drilling operations. It also will use the wellhead platform in Sleipner B field.

Carbon dioxide is removed from the gas and injected into the water-filled Utsira reservoir at Sleipner East. Sleipner West is 110 m below the sea and has a daily production of 22.6 million cu m of gas and 7,300 cu m of unstable condensates. Sleipner B has been developed with the Sleipner B unmanned wellhead platform and a process platform, Sleipner T.

Contact Uchenna Izundu at uchennai@pennwell.com.

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