Statoil starts Vega gas, condensate production

Statoil started production on Dec. 2 from the 7.6 billion-kroner subsea completed Vega development on Blocks 35/11 and 35/8 off Norway.

By OGJ editors
HOUSTON, Dec. 2
-- Statoil started production on Dec. 2 from the 7.6 billion-kroner subsea completed Vega development on Blocks 35/11 and 35/8 off Norway.

Vega includes three seabed templates connected to the Gjoa platform, which came on line on Nov. 7 (OGJ, Nov. 15, 2010, Newsletter). Water depth in the area is about 370 m.

Statoil expects Vega to produce up to 7 million cu m/day of gas and 3,900 cu m/day of condensate. Four wells are currently online and Statoil plans for another two wells to come on line in April 2011.

The Middle Jurassic sandstone reservoirs of the Brent Group in Vega have fairly high pressure and temperature, the company said. Reservoir depth is about 3,500 m.

Vega field includes two licenses: Vega and Vega Sor. A combined plan for development and operation covers both.

The discovery well was drilled in 1981 on Vega and in 1987 on Vega Sor.

Statoil estimated recoverable reserves for Vega are 18 billion cu m of gas and 26 million bbl of condensate.

Partners in Vega are Statoil 60% and Petoro AS 40%.

Partners in Vega Sor are Statoil 45%, Bayerngas Norge AS 25%, Idemitsu Petroleum Norge AS 15%, and GDF Suez E&P Norge 15%.

More in Home