140
39
th
Annual Report
100 m, while the Liuhua 4-1 Oil Field has an average water depth of
about 268 m.
In
Norway
, Statoil has started production from Visund South oil
and gas field in 290 m of water in the North Sea offshore Norway
i
.
The start- up is the first in operator Statoil’s fast- track scheme for
developing offshore fields. Visund South encompasses the Pan
and Pandora discoveries 10 km from the Gullfaks C and Visund A
platforms. Development involves a four- slot subsea template through
which three have been drilled and tied back to Gullfaks C. Statoil
estimates reserves at 67 million barrels of oil equivalent, one- fourth
oil and the rest natural gas. The company didn’t report flow rates.
Interests are shared by Statoil with 53.2%, Total 7.75%, Petoro 30%,
and ConocoPhillips 9.1%.
Agroup led by DONG E&PNorge has started production at Oselvar
Field in the southern North Sea offshore Norway. Oil and gas produced
from two horizontal wells was flowing from the Oselvar subsea
template transit a 23-km flow line to BP- operated Ula Field. Gas is
reinjected, and oil is shipped via Ekofisk to Teesside. Peak production
is estimated at 16,500-20,000 barrels per day of oil equivalent at
capacity from 53 million barrels of oil equivalent of reserves, with
50% oil. Production is expected to continue for about 20 years
ii
.
BG Norge AS has started oil production from Gaupe Field in
the southern North Sea offshore Norway. Gaupe, in PL 292 on the
UK- Norway median line 225 km off Norway, is expected to peak at
6,000 barrels per day of oil equivalent from 31 million barrels of oil
equivalent gross recoverable
iii
. Moreover, Total has started production
i
Oil and Gas Journal, 27/11/2012
ii
Oil and Gas Journal, 16/4/2012
iii
Oil and Gas Journal, 2/4/2012
