Statoil Resumes Production from Asgard B

Production has resumed from Statoil's Asgard B platform in the Norwegian Sea, which had to shut down on January 19th because of damage to the flare system. Plans call for the platform to be back in full production during on February 11th.

Toiling about 100 meters above the main deck, the repair team ensured that the leak in the flare line was properly sealed. "Local weather conditions have been very difficult, with low temperatures and high winds," reports production technology supervisor Svein Fredrik Fredriksen on the gas floater. "Nevertheless, the various groups of skilled workers brought in from Linjebygg made an exceptional commitment." Normal daily output from Asgard B totals some 38 million cubic meters of export gas and 125,000 barrels of condensate (light oil).


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Brent Crude Oil : $51.38/BBL 2.44%
Light Crude Oil : $50.43/BBL 2.26%
Natural Gas : $3.14/MMBtu 0.94%
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