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Home Business Oil & Auto

Heidrun hits 1,000 milestone

The FINANCIAL by The FINANCIAL
August 10, 2009
in Oil & Auto
Reading Time: 2 mins read
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The FINANCIAL — Heidrun's oil production to date has already exceeded the total volume expected to be produced through the field life.

 

The Heidrun platform came on stream on 18 October 1995. When the plan for development and operation (PDO) was submitted to the authorities four years earlier, the estimated production from the field was slightly more than 750 million barrels of oil.

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When cargo number one thousand was shipped, the field had delivered almost 820 million barrels.

 

"The production regularity has been impressive through the 14 years on stream," says Victor Sneberg, vice president for Heidrun production. 

 

"And there is more oil and gas in store. The field will now undergo major upgrading, ensuring operations for 20 years to come. The upgrading of the gas processing capacity is underway, and will provide further benefits for the field and its owners," Statoil Hydro informs.

 

"We are facing a highly challenging tail production which will be technologically and economically demanding. There are exciting times ahead for the Heidrun organisation," Sneberg says.

 

Sneberg assumes that the field will have delivered more than one billion barrels by the time its productive life is over. He praises the employees in the Heidrun organisation for their commitment and a job well done, allowing the field to deliver its cargo number one thousand today.   

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The shuttle tanker Randgrid had the pleasure of transporting the milestone cargo from Heidrun. The tanker arrived at StatoilHydro's crude oil terminal at Mongstad near Bergen on Sunday 9 August.

 

The shuttle tankers transporting oil from Heidrun have been sailing safely without accidents between the field and the various terminals.

 

 

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