Page 16 - EurOil Week 27 2021
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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
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