Page 16 - EurOil Week 27 2021
P. 16
EurOil NEWS IN BRIEF EurOil
care of software maintenance, Dnevnik According to the Norwegian Petroleum dedicated to unleashing global decom
news outlet reported. Directorate, the secondary exploration potential, the parties will make a significant
According to Deputy Regional target for the well was to prove petroleum contribution towards a sustainable, green
Development Minister Zahari Hristov, and investigate the reservoir properties in transition of the offshore sector,” Aker
the toll system currently cannot cover the Sognefjord Formation, the Fensfjord Solutions said.
maintenance costs, and only 100 control Formation, and the Brent Group (Late to The transaction is expected to be
points equipped with cameras out of Middle Jurassic) and to investigate the source completed during the second half of 2021
295 are operational. These points were rock potential in this part of the Stord Basin. and is subject to due diligence and regulatory
supposed to work automatically thanks to Another objective of the well was to evaluate approvals by the Norwegian Competition
software that has not been installed. reservoir properties with regard to storing Authorities (NCA).
CO2. Commenting on the agreement, Kjetel
The well encountered the Johansen Digre, chief executive officer of Aker Solutions
OMV Petrom spends €70mn Formation, about 65 meters thick, of which said: “By combining Aker Solutions’ offshore,
engineering and project execution capabilities
48 meters were sandstone with moderate
to replace key elements of reservoir quality. In the upper part of the with AF Gruppen’s decommissioning
Statfjord Group, the well encountered 28
and construction capabilities, we aim to
its Romanian refinery meters of sandstone with moderate reservoir increase customer efficiency throughout the
decommissioning process and maximize the
quality.
OMV Petrom, the largest energy company in In the secondary target, the well total recycling potential.
Southeast Europe, announced that it will invest encountered the Sognefjord Formation with “The company will be uniquely positioned
approximately €70mn at the Petrobrazi refinery a thickness of about 275 meters, of which to offer integrated end-to-end services from
to replace certain facilities that are essential 65 meters were sandstone of moderate to well plug and abandonment to planning,
during the refining process. good reservoir quality. It also encountered removal, dismantling and recycling at its
These are the four coke drums which, at the Fensfjord Formation, about 130 meters own environmental base. Sustainability and
very high temperatures, ensure the stage of thick, of which 47 meters were sandstone with circular economy ambitions will be key focus
upgrading heavy components to superior moderate to good reservoir quality. The Brent areas for the new entity, and we see increased
products. The four coke drums are designed for Group was not encountered. activity in the market for decommissioning
a lifespan of over 20 years and 5,000 operating “The well is dry. Data acquisition has been and recycling moving forward.”
cycles and will be produced in Romania. performed. This is the first exploration well
“The replacement of the coke drums is a in production licence 785 S. The licence was
project with a very high degree of technical and awarded in APA2014,” the NPD said. Equinor wraps up purchase
organisational complexity. The new units will The well 31/11-1 S was drilled to respective
have an important contribution to increasing measured and vertical depths of 3254 of Bentley oilfield
the efficiency and safety of our operations,” said and 3135 meters below sea level and was
Radu Caprau, member of the OMV Petrom terminated in the lower part of the Statfjord UK-based oil and gas firm EnQuest has
executive board, responsible for downstream Group from the Early Jurassic to Late Triassic. completed the acquisition of the Bentley oil
oil. The water depth at the site is 289 meters. field from Whalsay Energy.
The process of replacing the coke drums The well has been permanently plugged and Back in April, EnQuest said it has signed a
will take place between 2021 and 2023; abandoned. share purchase agreement (SPA) to purchase
approximately €11mn will be invested this year. The Deepsea Atlantic rig will now drill a Whalsay Energy’s 100% equity interest in
Petrobrazi has a total crude oil processing production well 34/7-J4 AH on the Tordis the P1078 license containing Bentley, one of
capacity of 4.5mn tonnes per year and, starting field in production licence 089 in the North the largest undeveloped oil fields in the U.K.
2005, OMV Petrom has invested approximately Sea, where Equinor Energy AS is the operator. North Sea.
€1.8bn in the refinery Bentley, in Block 9/3b, is located in 113
meters water depth, 150 kilometers east of the
Shetland Islands. Whalsay estimates stock-
Equinor drills dry well near Aker Solutions, AF Gruppen tank oil initially in place (STOIIP) of about
eye merger of offshore
900 MMbbls.
Troll field been appraised through the drilling and
The field was discovered in 1977 and has
Norwegian oil company Equinor has drilled a decomm ops testing of six further wells and two sidetracks,
dry well near the Troll field in the North Sea Norwegian Engineering and construction including extended well tests in 2012 which
offshore Norway. groups Aker Solutions and AF Gruppen have delivered production rates of around 3,500
The company drilled the wildcat well signed a Letter of Intent (LOI) to merge the bopd and an average of around 2,600 bopd
31/11-1 S in the production licence 785 two firms’ existing offshore decommissioning over a 68 day well test.
S around 55 kilometers south of the Troll operations. The heavy oil field sits 15 kilometers east
field in the North Sea and 100 kilometers They’ve agreed to merge the offshore of the Kraken heavy oil field and 8 kilometers
southwest of Bergen. Equinor drilled the well decommissioning operations into a 50/50 southeast of the Bressay field, both of which
using the Deepsea Atlantic semi-submersible owned company “with the goal of creating are operated by EnQuest, offering long-term
drilling rig. a leading global player for environmentally potential development opportunities and
The primary exploration target for the friendly recycling of offshore assets.” The other synergies, the company said in April.
well was to prove petroleum in the Johansen joint company will have an order backlog EnQuest said in April the transaction
Formation from the Early Jurassic and the of approximately NOK 2.5 billion (~$290 would be effected through the acquisition of
Statfjord Group from the Late Triassic to Early million). Whalsay’s subsidiary, Whalsay Energy Limited
Jurassic. “By establishing a pure, focused player (WEL) which holds the license as its only
P16 www. NEWSBASE .com Week 27 08•July•2021