Crude Oil Price by oil-price.net

Oil and Gas Energy News Update

Showing posts with label Asgard. Show all posts
Showing posts with label Asgard. Show all posts

Tuesday, August 16, 2011

Statoil Submits Gas Compression Plan to Ramp Asgard Volumes

- Statoil Submits Gas Compression Plan to Ramp Asgard Volumes

Tuesday, August 16, 2011
Statoil

The partners in the Åsgard licenses have submitted a plan for development and operation (PDO) of subsea gas compression to maintain production from the Mikkel and Midgard reservoirs.

Øystein Michelsen, Statoil's executive vice president for Development and Production Norway (DPN), presented the PDO to Ola Borten Moe, Norway's minister for petroleum and energy.

"The decision to improve recovery from Åsgard is one of the most important we are taking this year to sustain output on the Norwegian continental shelf," said Michelsen.

"This solution has been made possible through an innovative partnership on the Åsgard license."

The PDO represents a quantum leap in technological terms, which could contribute to a substantial boost in recovery factor and production life for a number of gas fields.

Subsea compression on Åsgard is expected to improve recovery from the Mikkel and Midgard fields by some 278 million barrels of oil equivalent.

That makes the project one of the most important contributors to new volumes, and provides future opportunities for improved recovery from a number of fields.

Quantum leap

Natural pressure in Midgard and Mikkel will become too low over time to maintain stable flow and a high production profile from the Åsgard B platform in the Norwegian Sea.

To compensate for this decline, Statoil intends to install seabed compressors near the wellheads and so increase the pressure. Wellstreams will be piped in a common line to Åsgard B.

"This represents a quantum leap in subsea technology, and an important step in realizing our vision of a complete underwater plant," said Margareth Øvrum, Statoil's executive vice president for Technology, Projects and Drilling.

"The technology has a substantial potential for improving recovery," she added, and emphasized that it is important for future field development in deep water and Arctic regions.

"Testing and qualifying new solutions is vital to the success of our technological developments," Øvrum noted. "We have already come a long way, but know that the remaining stretch will be a demanding one.

"Developing technology is always challenging, but we have surmounted technological obstacles before and are confident that we will succeed in doing so again on Åsgard together with our partners."

She adds that substantial synergy exists between technological qualification on Åsgard and the work being done by Statoil together with operator Shell on the Ormen Lange gas field.

Åsgard's bright future

Åsgard is a crucial hub on the Halten Bank and a key factor in the Norwegian Sea. Subsea compression from Mikkel and Midgard will safeguard future production from the field, said Michelsen.

Statoil is working continuously on other measures to improve recovery in the same area – including reducing processing pressure, drilling and maintaining wells, and applying innovative solutions.

Åsgard is an important hub in a prospective area, and spare processing capacity which becomes available in its facilities can also be offered to others.

"Our vision is a field which is still producing in 2050 with a recovery factor among the best in the world," said Michelsen.

The subsea compression development will also expand capacity in the Åsgard Transport pipeline, which carries gas from Norwegian Sea installations to the Kårstø plant north of Stavanger.

Oil & Gas Post

Promote Your Page Too
LINK

Monday, June 20, 2011

Statoil Awards Aker EPCI Contract for Asgard Field

- Statoil Awards Aker EPCI Contract for Asgard Field

Monday, June 20, 2011
Statoil

Statoil has awarded Aker Solutions an engineering, procurement, construction and installation (EPCI) contract for subsea compression topside modifications on the Asgard field.

The Åsgard license has decided on a concept involving gas compressors installed on the seabed, so-called subsea gas compression. The purpose of the modification is to supply electricity to the Åsgard subsea compressor units, which will be installed in 2013.

Åsgard is the first installation worldwide to employ subsea gas processing involving gas compression and this represents an important technological step change in the development of fields in deep and demanding waters and creates exciting opportunities for the industry.

"This modification work is important for the development of gas compression on subsea installations. Aker Solutions has earlier been awarded the contract for developing the full scale subsea compression system. We look forward to working together with them in more aspects of the Åsgard development," said vice president of project procurement in Statoil, Vidar Martin Birkeland.

Scope of work includes building and installing an 800 tonne new module and integration work on the Åsgard A and B platforms in the North Sea. Delivery is set for 4Q 2014. Estimated contract value is approximately NOK 650 million.

"This is an important measure to extend the producing life of the Åsgard A platform, which will in turn increase recovery from the existing field. Subsea gas compression is a technology approach which can boost recovery rates and lifetimes for several gas fields," said Astrid Jørgenvåg, vice president for Åsgard production in Development and Production Norway in Statoil.

The contracts for pipelines, marine operations and other major procurement items in connection with the Åsgard development will be awarded in the course of the year.

Oil & Gas Post

Promote Your Page Too