Statoil & Partners Investing in Vigdis to Improve Oil Recovery


Vigdis Field - North Sea
(Click to Enlarge)
The partners in the Statoil-operated Vigdis license in the North Sea are investing NOK 1.2 billion to improve oil and gas recovery in the area.

"Phase two of the Vigdis extension project is an important improved oil recovery (IOR) initiative for the Vigdis field," says project manager Paul Struijk. "With this project, the recovery factor from the Vigdis East reservoir will increase from 29 to 42 percent."

Plans call for a four-slot template to be installed on the field and, in accordance with the project's framework, one oil production well and one water injection well will be drilled.

The two vacant slots provide flexibility to further improve the recovery factor from Vigdis East, or to explore and produce from other nearby prospects at a later date.

The new template will be tied back to existing seabed templates on the Vigdis field. The project requires no new technology. Nor will it be necessary to modify the process plant on the Snorre A platform, where the Vigdis oil is treated.

The template is due to be installed, and pipes and umbilicals connected up, this autumn. The first well will be drilled in the spring of 2007, with a view to starting production in the summer.

"The biggest challenge for the project in terms of health, safety and the environment is the tight schedule in a period of high activity in the market and the heavy workload, for both Statoil and our suppliers," explains Mr. Struijk.

The project is covered by the existing plan for development and operation from 2002 and the impact assessment for Vigdis extension.

The partners in the Vigdis license are Petoro with 30 percent, Statoil 28.22 percent, Hydro 13.28 percent, ExxonMobil 10.50 percent, Idemitsu 9.60 percent, Total 5.60 percent and RWE Dea 2.80 percent.

Related Companies
 Company: Exxon Mobil Corporationmore info


 - Exxon Fined for Russia Sanctions Violations Under Tillerson (Jul 20)
 - Big Oil Sees Salvation in Gas, But What If It's a Wrong Bet? (Jul 18)
 - ExxonMobil Says Will Drop Discussions Over Indonesia's East Natuna (Jul 18)
 Company: Norsk Hydro ASAmore info


 - Sentry Petroleum Appoints Former Norsk Hydro Analyst to Board of Directors (Dec 29)
 - Hydro Under Investigation for Former Libya Oil Operations (Oct 7)
 - SeaBird First Contract Award for SeaBed Operations (Apr 28)
 Company: Statoilmore info


 - Greenpeace Activists Protest Near Oil Rig In Norway's Arctic Sea Area (Jul 21)
 - Canada's LNG Failure Is Its Own Fault, Seven Gen Founder Says (Jul 17)
 - Suriname Signs Offshore Oil Deals with Exxon, Hess and Statoil (Jul 14)
 Company: Total S.A.more info
 - Total, BP Unit, YPF Boost Investment in Argentina's Vaca Muerta (Jul 18)
 - Big Oil Sees Salvation in Gas, But What If It's a Wrong Bet? (Jul 18)
 - S.Korea's Hanwha Total Says Naphtha Cracker Shut After Lightning Strike (Jul 17)
 Company: Petoromore info
 - Aker Solutions Secures Johan Sverdrup Phase 2 FEED Contract (Mar 21)
 - NPD Grants Consent for the Expansion of Nyhamna Gas Plant (Feb 10)
 - Statoil Granted North Sea Drilling Permit by NPD (Dec 21)
 Company: RWE-DEAmore info
 - Lundin Granted Drilling Permit in PL609 (Sep 10)
 - Lundin Spuds Appraisal Well on Alta Discovery (Mar 25)
 - Japan's JX, GDF Suez Find New Oil in UK North Sea (Mar 13)
 Company: Idemitsumore info
 - OMV Says Wisting Arctic Discovery May Exceed 1B Barrels (Nov 17)
 - Tullow Oil: Discovery Made in Cara Prospect Offshore Norway (Sep 16)
 - Aker Secures FEED Deal from Idemitsu for Blocks 05-1b, 05-1c Off Vietnam (Jul 12)
For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit www.riglogix.com.
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles
Related Articles


Brent Crude Oil : $48.06/BBL 2.51%
Light Crude Oil : $45.77/BBL 2.17%
Natural Gas : $2.97/MMBtu 2.30%
Updated in last 24 hours