Adjacent to the Ekofisk or independent development? That is the question.
ConocoPhillips, Total and Statoil have teamed up to study the possibilities to build out the findings Tor 2, Statoil Alpha, King Lear and Julius in a joint project called the Greater Ekofisk Area.
But it does not mean that we have given up to get to their own development in the area.
An alternative to tie-in
According to the documents Offshore.en has been given access to, jobs the company actively with an “alternative to tilknytningsløsningen to Ekofisk”.
“Statoil will ensure that a robust gas – and kondensatprosjekt by, among others, the mature King Lear together with exploration activities, technical evaluations and commercial options for a natural gas development in the area. This project has shown that there are technical opportunities for King Lear as an alternative to the Ekofisk tie-in solution”, writes the company in a letter to the ministry of Petroleum and energy.
Up to 275 million barrels
Statoil has in recent years made three discoveries in the area, King Lear, Julius and Romeo. In addition, Espen-found from 1973.
King Lear was on the funntidspunktet estimated to contain between 70 and 200 million barrels of oil equivalent. The estimate for Julius lay on the 15-75 million barrels.
Statoil has acquired new 3D seismic data of the subsurface in the production licences 146 and 333, and heralds a new assessment of the prosepektiviteten in the Central Graben area in 2019.
Immature project
However, the company warns, while the courage to rush in the choice of development solution.
“Our work shows that the project is immature and that there is the risk of losses if one starts too early. With further analysis, more optimal solutions are available for the a area development of King Lear, whether it is about a tie or a stand-alone development”.
No comments:
Post a Comment