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NEWS ? eld, is 225km west of Esbjerg, and requires redevelopment due to subsidence. The plan involves modifying, removing and decommissioning exist- ing facilities, and building

M new ones. Tyra will be shut-in

K from November 2019 for the

J work. Production is expected

F G to restart in July 2022.

H

J

Statoil set for

Snorre expansion

Statoil will undertake “the largest improved oil recovery

OP

N project on the Norwegian

Continental Shelf” with the

Q

Snorre ? eld expansion proj-

L ect. The plan for development and operation (PDO) calls for 24 new wells drilled from six new subsea templates to boost the ? eld’s recovery

SR rate from 46% to 51%. The ? eld has produced 1.4 billion

DI bo to date. Statoil estimates the expansion will come online by 2021, tapping an additional 200 MMbo from the ? eld, extending its life to at least 2040. Statoil has awarded several contracts associated with the project,

G

Forties pipeline two largest producing ? elds, investment plan to redevelop including a 22-well contract repair near complete the Nexen-operated Buzzard the Tyra gas ? eld on the for the semisubmersible rig

Forties Pipeline System (FPS) ? eld, and Apache-operated Danish Continental Shelf. Transocean Spitsbergen. operator Ineos reported, as Forties ? eld. Following the investment, Partners in the Snorre ? eld

OE went to press, that repairs Tyra will operate for at least are: Statoil (33.27%), Petoro

H

Maersk invests on the pipeline are nearly another 25 years, and secure (30%), ExxonMobil (17.44%), $3bn in Tyra complete and production crucial Danish gas infra- Idemitsu (9.6%), DEA Norge expected to return to normal The Danish Underground structure (the facility pro- (8.57%) and Point Resources in the new year. Consortium – led by Maersk cesses some 90% of Danish (1.1%). Snorre is the fourth

A hairline crack forced Oil – approved a US$3.36 gas production), says Maersk. PDO Statoil has submitted to 400,000 bo/d and 1.2 Bcf of billion (DKK21 billion) Tyra, Denmark’s largest gas Norwegian authorities this gas production to be shut-in ? eld by applying its expertise in improved oil

I in early December. The crack

Statoil adds Roncador stake recovery, bringing total remaining recoverable was found on an onshore

Statoil has acquired a 25% stake in the reserves to over 1.5 billion boe.

section of the 235mi pipe-

Roncador oil ? eld in Brazil’s Campos basin from line system, which in 2017 operator Petrobras. Statoil will pay US$2.35 bil- brought in 40% of North Sea lion, plus additional contingent payments of up oil from 85 offshore assets to to $550 million. Petrobras retains operatorship onshore Scotland. and a 75% interest.

Oil & Gas UK reported

Roncador is the third largest producing ? eld that the shut-in cost opera- in Petrobras’ portfolio, with around 10 billion tors US$26.7 million a day in boe in place, and an expected remaining recov- lost production. FPS brings erable volume of more than 1 billion boe. Statoil

The FPSO on the Roncador ? eld. P-54

Photo: Statoil/Geraldo Falcão. in production from the UK’s believes it can create additional value at the oedigital.com

January 2018 | OEJanuary 2018 | OE 1111 010_OE0118_Global Briefs.indd 11 12/27/17 1:47 PM