TotalFinaElf Begins Production from Otter Field

TotalFinaElf has commenced production from the Otter field in the UK North Sea. Production started less than two years after official approval of the development plan. Discovered in 1977, the Otter field is located in block 210/15a in 182 meters of water and lies approximately 150 kilometers northeast of the Shetland Islands. By the end of 2002, Otter should reach its production plateau of 30,000 barrels of oil per day.

The partners are developing the field as a satellite of the Eider platform located 21 kilometers away. The development plan comprises three producers and two water-injection subsea wells. Artificial lift of each subsea producer well is provided by downhole dual electric submersible pumps. This is the first use of this technology in such an environment.

The Otter field strengthens TotalFinaElf's presence in Northern Europe (Norway, United Kingdom and the Netherlands), a region where the company produced 844,000 barrels of oil equivalent per day in the first half of 2002 representing 35% of its global production. TotalFinaElf is the operator of the project with a 54.3% interest along with Dana Petroleum, Shell and ExxonMobil.