The oil company Caelus has made a gigant oil discovery in Alaska. I may contain as much as 6-10 billion bbl. See article in World Oil.
Engie E&P Norge has made a new discovery which may potentially be developed with the Gjøa platform, as reported by the NPD.
The plan for development of the Oseberg West Flank 2 (PDO), with reserves of 62 million Boe is filed, and an unmanned wellhead platform with 10 slots, 8 for production and two for gas injection is planned. Unmanned systems can be the solution for more cost effective solutions on the Norwegian shelf. See NPD’s website.
Today the drilling of production wells on the gigantic Johan Sverdrup Field started. The field cmay contain as much as 3 billion bbls. oe., and the production will start at the end of 2019 and produce longer than 2070. The maximum production rate may be as high as 650 mill. bbls/day. Field illustration.
Trondheim’s new oil company, with Erik Haugane and Ola Borten Moe as key owners, is getting closer to operations. OKEA has purchased Repsol’s ownership in the YME Field, and plans a new development scenario with production start in 2017-2018. The oil field has original in place around 300 mill. bbl, and the remaining recoverable reserves are currently estimated at 60 mill. bbl. The upside may be significant.
After only four years in production, the Peregrino Field in Brazil, operated by Statoil, passed 100 million. Barrels. The field is now planned expanded with one new platform. Geo365