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."
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