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Statoil brings North Sea' s Gudrun field on stream

STAVANGER, Norway -- Statoil and its partners, GDF SUEZ and OMV, have started production from the Gudrun oil and gas field in the North Sea.

"Gudrun is the first new Statoil-operated platform to come on stream on the Norwegian continental shelf since 2005. This is a red-letter day for the company," says Arne Sigve Nylund, Statoil' s executive V.P. for the Development and Production Norway business area.

The new field contributes to important production from the Norwegian shelf. Statoil expects to recover 184 million barrels of oil and gas (oil equivalent) from the field.

"Gudrun illustrates how we can maximize value creation and realize new projects on the Norwegian shelf by combining new field developments with existing pipelines and facilities," says Nylund.

The Gudrun investment decision was made during the financial crisis. When the plan for development and operation (PDO) was submitted in 2010, Gudrun was Statoil' s only mega-project (investments in excess of NOK 12 billion). Now Gudrun is the first in a long line of field developments operated by Statoil.

"We have delivered the Gudrun field on time and below the cost estimate in the PDO. Choosing a global strategy for Gudrun has contributed to reducing the costs," says Margareth Øvrum, head of the Technology, Projects and Drilling business area in Statoil.

Gudrun was discovered in 1975. It is a high temperature-high pressure field, and the need for new drilling technology was one of the reasons why these reserves were left in the bank for such a long time. Now Statoil also has available capacity in existing facilities and pipelines.

Oil and gas from Gudrun is sent to Sleipner, where it will be processed before the oil is sent on to KårstØ and the gas to Europe, all through existing pipelines tied in to Sleipner. This allows Statoil to benefit from previous investments made on the Norwegian shelf.

"The Gudrun concept is a win-win situation. By using existing infrastructure, the Gudrun development costs less and Sleipner gains an extra customer. Gudrun' s start-up came at the perfect time," Nylund explained. 

Modifications have also been carried out on Sleipner and at KårstØ as part of the Gudrun project.

Gudrun will be operated from Statoil' s offices at Vestre Svanholmen in Sandnes, and is the first new field Statoil operates from the Stavanger region since Sleipner in 1993.

"It' s good to see a new field joining the old giants -- Statfjord, Snorre and Sleipner. Later on, Gina Krog will also come to Operations South. This field will also be tied in to Sleipner -- yet another win-win situation," says Nylund.

04/07/2014

 

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