ConocoPhillips: Norway Eldfisk, Embla Oil Seen Back Online Wednesday


Eldfisk and Embala
(Click to Enlarge)
OSLO Oct. 15, 2007 (Dow Jones Newswire)

Norwegian oil fields Eldfisk and Embla are expected to be back in service Wednesday after maintenance is completed, a spokesman for operator ConocoPhillips (COP) said Monday.

The fields, which have a combined output of just under 62,000 barrels of oil equivalent a day, were closed for maintenance Sept. 20 for around 21 days, weather depending, said ConocoPhillips spokesman Ingvar Solberg. "We have a compressor seal to repair today (Monday). It will then be installed and tested, so we hope to start-up on Wednesday, or maybe sooner," he added.

Ramp-up of production would take some hours, Solberg said.

Eldfisk and Embla are in Norway's southern North Sea. Oil is sent via Ekofisk by pipeline to Teesside, U.K., while gas is piped, also via Ekofisk to Emden, Germany.

ConocoPhillips owns 35.11% in each of the fields, Eni SpA. (E) 12.39%, StatoilHydro ASA (STL.OS) 7.6%, Petoro 5% and Total SA (12027.FR) 39.9%. Copyright (c) 2007 Dow Jones & Company, Inc.

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