Statoil Starts Up Gudrun Field
Statoil ASA and its partners announced Monday the start-up of the Gudrun oil and gas field in the Norwegian North Sea. Owned by Statoil (51 percent), GDF Suez (25 percent) and OMV (24 percent), the field began production at 7:25 a.m. Norwegian time.
Discovered in 1975, Gudrun is a high-temperature, high-pressure field that remained undeveloped for decades because new drilling technology was required to exploit it. Statoil expects to recover 184 million barrels of oil and gas from the field during its lifetime.
Oil and gas from Gudrun is being sent to the Sleipner platform, where it is processed before the oil is sent on to Kårstø and the gas to Europe (all through existing pipelines tied in to Sleipner).
Arne Sigve Nylund, Statoil's executive vice president for development and production in Norway, commented in a company statement:
"Gudrun is the first new Statoil-operated platform to come on stream on the Norwegian continental shelf since 2005. This is a red-letter day for the company.
"Gudrun illustrates how we can maximize value creation and realize new projects on the Norwegian shelf by combining new field developments with existing pipelines and facilities."
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
Operates 1 Offshore Rigs
- Statoil Takes First Bite Of Solar Market With Brazilian Joint Venture (Oct 04)
- Statoil Charters Last of Largest Oil Tankers to Hold Crude for Asia Buyers (Sep 28)
- Statoil And Partners Plan Output Capacity Expansion At Troll Gas Field (Sep 26)
Company: OMV more info
- OMV Flags Higher 3Q Margins, Kurdistan Windfall (Oct 13)
- Gas Pipeline Through Central Europe to Go Ahead As Planned -Romania (Sep 28)
- Austria's OMV Moves Workers In Tunisia Over Gas Field Protests (May 04)
Company: GDF Suez more info
- UK Awards 27 Blocks for Shale Exploration in Latest Licensing Round (Aug 18)
- European Majors Team Up to Explore Arctic (Apr 21)
- GDF Suez Says Natural Gas Discovery Made in Southeast Algeria (Apr 20)