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Showing posts with label Fast-Track. Show all posts
Showing posts with label Fast-Track. Show all posts

Friday, July 8, 2011

Total to Fast-Track North Sea Atla Field

- Total to Fast-Track North Sea Atla Field

Friday, July 08, 2011
Det norske oljeselskap ASA

Total E&P Norge has, on behalf of the partnership in license 102C, submitted a plan for development and operation (PDO) for Atla to the authorities. In addition to Total which is the operator, the partnership in 102C consists of Petoro, Centrica and Det norske, with a 10 percent interest.

The discovery on Atla (formerly called David) was made in oktober 2010. Gas-condensate was proven in the Brent formation. Comprehensive tests and sampling was carried out. According to plan, the exploration well from 2010 will also be used as a production well, which has great significance for the projects profitability. Total investments are estimated to 1.4 billion NOK ($258.7 million).

"Atla is a prospect we have known about for a long time, in which we succeeded to enter, and one we have promoted in the drilling schedule. We are very pleased with the work Total has put down in this small-scale discovery, as the operator."

"The license managed to quickly develop a good solution for development. This is the first development project we, Det norske, participate in. It also represents the beginning of a series of development projects in the coming years, which will give us a considerable production," said Erik Haugane.

Atla is situated in the central part of the North Sea, 20 kilometers northeast of the Heimdal Field. The discovery will be produced using a subsea installation connecting with an existing pipeline between Heimdal and Skirne. Total is also operator of the Skirne Field.

Recoverable reserves are estimated to be 12 million barrels of oil equivalents.

Licensees in 102C are:
  • Total E&P Norge AS (40 %)
  • Petoro AS (30 %)
  • Centrica Resources (Norge) AS (20 %)
  • Det norske (10 %)

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Friday, May 27, 2011

Statoil Charges Ahead at Fast-Track Proj. Visund South

- Statoil Charges Ahead at Fast-Track Proj. Visund South

Friday, May 27, 2011
Statoil

Statoil's first fast-track –project – Visund South – is moving ahead as planned. The seabed template has commenced its journey out to the field located south of Gullfaks in the North Sea.

"We submitted the plan for development and operation of Visund South in January. Now, four months later, we've built the first seabed template for the first fast-track project. We've come a long way towards cutting the time from discovery to production in half," said Kjetel Digre, who is responsible for project implementation in Technology, Projects & Drilling.

The Visund South seabed template was placed on a barge at Grenland Group's yard in Tønsberg last week. It will be installed on the field between the Gullfaks C and Visund platforms in June.

Visund South is expected to come on stream in 2012.

The template is the first to have been built from a standard catalog for subsea equipment.

This will form the basis for the continuing development and use of the standard catalog in the fast-track portfolio.

"We've been working closely with the supplier industry to develop standard equipment for this part of our field development portfolio. This means that we can start to build equipment more quickly and develop smaller finds more efficiently," said Halfdan Knudsen, who heads up the fast-track portfolio on the NCS.

It has taken less than a year to build the Visund South structure from the signing of the contract for subsea equipment with FMC.

Subsea 7 will carry out the actual installation on the seabed.

Visund South field installation will take place at the same time as that on the Marulk development, which Statoil is carrying out on behalf of operator Eni. This will mean increased efficiency and cost savings for both projects.

Statoil's high health, safety and environment (HSE) standards are fully integrated at all fast-track project development stages.

"HSE integration at all fast-track development stages is crucial to our success. I believe that all of our efforts to standardize and industrialize field developments through the fast-track process will bring us a predictability that will impact safety in a positive way," said Digre.

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Monday, May 2, 2011

Statoil Submits Katla Fast-Track Development Plan

Statoil Submits Katla Fast-Track Development Plan

Monday, May 02, 2011
Statoil

Statoil has submitted a plan for development and operation (PDO) for the Katla discovery in the North Sea to the Norwegian Ministry of Petroleum and Energy. Total investments are estimated at NOK 5.4 billion in current NOK.

The Katla discovery was proven in March 2009, and is situated 13 kilometers south-west of the Oseberg South platform.

The discovery has been included in Statoil's portfolio of fast-track developments, with production start-up planned in the first quarter of 2013.

This is the third fast-track development plan Statoil has submitted to the Norwegian Ministry of Petroleum and Energy this year.

Previous fast-track PDOs have been submitted for Visund South and Vigdis North-East.

"This shows that we are able to realize profitable development of smaller discoveries, and this portfolio of developments gives us important production contributions in a short timeframe," says Ivar Aasheim, Statoil's vice president for field development on the Norwegian shelf.

Oil and gas to Oseberg

The estimated recoverable reserves on Katla amount to 45 million barrels of oil equivalents. The plan is to develop the discovery with a seabed template and four wells.

Two of the wells will produce oil and gas, while the two other wells will inject water into the reservoir for pressure support.

The oil from Katla will be sent to the Oseberg South platform. The gas will be used as pressure support on Oseberg Omega North, and thus help maintain production from this reservoir.

"Katla reinforces the Oseberg South area by bringing new volumes into a well-maintained process facility," says Knut Henrik Dalland, Statoil's head of production for the Oseberg area.

Partners: Statoil 49.3% (operator), the Norwegian state's direct financial interest (SDFI) 33.6%, Total 10%, ExxonMobil 4.7% and ConocoPhillips 2.4%.

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Tuesday, April 12, 2011

Statoil Submits Fast-Track Plan for Vigdis

Statoil Submits Fast-Track Plan for Vigdis

Tuesday, April 12, 2011
Statoil
by SubseaIQ

Statoil has submitted a plan for development and operation (PDO) for the Vigdis North-East development in the North Sea to the Norwegian Ministry of Petroleum and Energy. Production start is scheduled for December 2012.

This is the second fast-track development plan submitted to the Norwegian Ministry of Petroleum and Energy this year. The Visund South fast-track development plan was handed over to the ministry earlier this year.

"We envisage the first five fast-track developments coming on stream at the turn of the year 2012/13," said Øystein Michelsen, Statoil's executive vice president for Development and Production Norway. "The two plans we have submitted so far this year prove that we are on the right track regarding this part of our portfolio."

Vigdis North-East is planned as a subsea development located 1.6 kilometers from the existing subsea installation on the Vigdis field.

The development will comprise a standard template with four wells – three producers and one water injector. Vigdis North-East will be tied back to the Snorre A field, which is located approximately seven kilometers away, via the existing infrastructure.

Produced oil and gas will be transported in a new pipeline to the existing Vigdis B template and then piped to Snorre A.

Recoverable reserves are estimated at around 33 million barrels of oil equivalent, with investments calculated at NOK 4.2 billion (current price).

Infrastructure-led discoveries help extend the life of the installations and are an important contributor to optimizing potential on the Norwegian continental shelf. Snorre is one of the areas with an established infrastructure and spare processing capacity.

"We have extensive experience and expertise in the area in addition to available processing and transport capacity," said Halfdan Knudsen, head of the fast-track portfolio. "Therefore Vigdis North-East is suited for a fast-track development with standard solutions. It will also increase the volumes sent to Snorre A."

Vigdis North-East is one of the projects of the fast-track portfolio, which was launched in 2010. The goal is to make smaller finds profitable by halving the time from discovery to production through the utilisation of standard solutions.

Tuesday, March 29, 2011

Statoil Preps NCS Fast-Track Projects for Production

Statoil Preps NCS Fast-Track Projects for Production

Tuesday, March 29, 2011
Statoil
 
This will be the year Statoil is planning and realizing several fast-track developments on the Norwegian continental shelf (NCS). Two new projects are being launched these days, namely Gamma/Harepus and Snorre B template.

A plan for development and operation (PDO) of Gamma/Harepus is to be submitted in first quarter 2012, allowing production start-up in the fourth quarter of 2013, at the same time as the Snorre B template.

"The time has really come to industrialize the NCS by moving faster from concept to development," said Ivar Aasheim, head of the field development cluster of Development and Production Norway (DPN).

An active year

"We have come a long way in one year," he said.
"The concept has been established, deliveries with long delivery time have been secured for the first projects, construction of modules has started, and new candidates are continuously being included in our portfolio. We aim to have close to five fields in operation at the turn of the year 2012/2013 and to maintain this level in the years ahead."

After submitting the PDO for Visund South in January the list of planned fast-track projects is as follows: Visund South, Katla, Vigdis North-East, Gygrid, Fossekall and Dompap, Vilje South, Visund North, Gamma/Harepus and Snorre B template.

Unique position

"We have a unique position on the NCS as operator of a large part of the infrastructure in the established areas, allowing us to establish robust and profitable solutions for marginal fields that would otherwise not have been developed," underlined Aasheim. “But this requires greater awareness of costs and standardized solutions."

"This is the beginning of a new era on the NCS, as we move from large and tailored solutions to standardized solutions and work processes to achieve economies of scale," maintained Aasheim.