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Statoil Shut Down Veslefrikk and Huldra For Security Reasons

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posted on Jul, 24 2005 @ 11:22 PM
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Veslefrikk (below) Photo: Espen Bruvik



Norwegian Statoil decided to shut down production on the Huldra gas and Veslefrikk oil fields in the North Sea after they discovered a defect in the lifeboat system. They will not resume production until the maintenance programme for both lifeboats on Veslefrikk A has been completed later this week.


Statoil: Veslefrikk and Huldra shut down

Production from the Huldra gas and Veslefrikk oil fields in the North Sea was shut down by operator Statoil on 23 July after the discovery of an internal crack in a conventional lifeboat system.

Located on the Veslefrikk A platform, this unit was immediately taken out of operation and staffing on the field reduced from 82 to 65.

“Safety comes first,” says Otto Oeren, acting operations vice president for Huldra and Veslefrikk.

“We don’t want to prepare to resume production until the maintenance programme for both lifeboats on Veslefrikk A has been completed later this week.”

Veslefrikk produces about 30,000 barrels of oil per day, while daily output on Huldra – which is remotely operated from the other field – is roughly six million cubic metres of gas.

Wow, just imagine how much this is gonna cost them. 30,000 barrels of oil and six million cubic metres of gas per day. The safety of their workers is their first priority. Hats off to Statoil.




posted on Aug, 12 2005 @ 05:40 AM
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Well, I know it´s just a drop of oil in the ocean
but Veslefrikk is "back on steam". They started up August 8th after they have been shut down since July 23rd. Amazing what a little crack in a lifeboat can do. The lifeboat has now been repaired...


Rigzone: Statoil Says Veslefrikk is Back On Stream

The Statoil-operated Veslefrikk field in the North Sea is now producing normally after being shut down since July 23rd due to reduced lifeboat capacity.

The field came back on stream August 8th, and output is currently about 35,000 barrels of oil per day.

Production was halted because an internal crack was discovered on one of the conventional lifeboats on the Veslefrikk A platform. The lifeboat has been repaired, but the number of personnel on Veslefrikk is still reduced because the skid boats are out of operation.

Please visit the link provided for the complete story.

Btw, they are having a big party in Norway today because of the record high price of oil. $66 a barrel...



posted on Aug, 14 2005 @ 01:09 PM
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Originally posted by Hellmutt
Btw, they are having a big party in Norway today because of the record high price of oil. $66 a barrel...


What sort of party?
Who's having it?


Is oil a Nationalized state asset in Norway or are private companies and sharholders the only ones to benefit?

I bet many Albertans are having a party too.

Veslefrikk is a drop in the bucket sure, but supply is currently so tight that any disruption affects the price.

Norway has good reason to party since they will get a good price for what is left.

You got any info from the local press on the production decline in the North Sea Hellmutt?
.



posted on Aug, 14 2005 @ 02:41 PM
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Oil is sort of nationalized in Norway. It was 100% owned by the State, but then they sold off some stocks. Many norwegians bought stocks when they were released to the market. The State still own a big share and they also make big revenue from taxes. However how the politicians are spending the money from the oil is sort of a secret. The common norwegian don´t see any money. They are just told that they are "rich" and they believe it
. The two big oil companies in Norway is Statoil and Hydro.

Production decline? Haven´t heard about it. In fact they are expanding all over the place. Ormen Lange is the biggest project of its kind (but it´s about gas, not oil). Also north of Norway in the Barents Sea they are starting up something big. Side-by-side and co-operating with the Russians since the biggest oil fields there are right on the border. I saw speculations today from an "expert" who claimed that the price of oil may pass $100 per barrel. This was if something nasty happened in Iran or elsewhere in the world of oil.

I found it strange that they closed down this field for over 14 days because of "a lifeboat", but I guess they had their reasons to do so.



posted on Aug, 15 2005 @ 07:13 PM
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Thank for the info Hellmutt



Originally posted by Hellmutt
Production decline? Haven´t heard about it.


Well here is a recent story mentioning North Sea depletion




The auction was expected to attract a flood of interest due to the lack of producing assets in the North Sea available for sale.

The sale is a dramatic step for Kerr-McGee, which is aiming to leave regions where production is declining, moving instead to higher growth areas such as deep water Gulf of Mexico, Canadian oil sands, and China's Bohai Bay.

Kerr-McGee to exit North Sea for £2bn


By the way Mathew Simmons is apparently on Kerr-McGee's board of directors: From the Wilderness
.



posted on Sep, 1 2005 @ 09:49 AM
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hmmm, you are right Gools. There appears to be a decline in production. There is more oil and gas there, but they need to open up new areas for oil and gas development.


Rigzone: Norwegian Government Must Open Up New Acreage

August 30, 2005


Norway must continue to open up new areas on the Norwegian Continental Shelf for oil and natural gas development to battle a significant decline in oil production, Minister of Oil and Energy Thorhild Widvey told Dow Jones Newswires Tuesday.

One of Labor's coalition members, the Socialist Left party, has continually said that Barents Sea development should be slowed or halted, raising fears in the industry that activity will be stopped there.

Widvey said, "The most important thing the authorities can do is to focus on new acreage both in the Norwegian Sea and the in the Barents Sea," particularly while high oil prices allow for development in the less-explored areas.

"We must not lay back and relax, as we have everything to lose if we pause," she said.

Please visit the link provided for the complete story.


Hydro: Offensive play for north

2005-08-30


During recent weeks, Hydro has had a steady stream of positive news about new oil and gas finds in the Norwegian offshore sector. The oil find in the Brent geological formation under Troll West, the Peon gas find, and the discovery of oil in the J structure in the Oseberg Sør area will undoubtedly contribute to slowing the decline of oil and gas production in Norway.

Please visit the link provided for the complete story.

There is an upcoming election in Norway just now. In less than two weeks in matter of fact. Listen up fellow Norwegians: If you don`t want the oil/gas-production to decline, then don`t vote for SV (Socialist Left party)! (Actually, don`t vote for SV even if you do want the production to decline. SV = bad for you
) Ok, keep in mind the upcoming election. This means that the media will be more biased than usual these days. I`m not going to tell you how to vote...
In Norway, there are way more than just 2 different parties/candidates to vote for.



posted on Sep, 6 2005 @ 07:41 PM
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Originally posted by Hellmutt
Wow, just imagine how much this is gonna cost them. 30,000 barrels of oil and six million cubic metres of gas per day. The safety of their workers is their first priority. Hats off to Statoil.


of course, they arent american, and the company isnt run my a U.S. Congressman. if it was a U.S. rig, they would take the lifeboats off the rig to save a few cents "They can swim 50 miles, it aint that far"




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