StatoilHydro: Vega oil also to be produced

Templates for the Vega projects on their way out to the North Sea. (Photo: FMC/Grenland Group)

Templates for the Vega projects on their way out to the North Sea. (Photo: FMC/Grenland Group)

A few simple modifications to wells already planned will allow StatoilHydro to recover seven million barrels of oil and a billion standard cubic metres of associated gas from Vega South.

Located in the northern North Sea, this structure forms part of a project which also embraces the Vega North and Vega Central discoveries. Plans have called for these finds to be developed as a gas and condensate (light oil) field, but StatoilHydro will now also produce a thin layer of light crude from the southern discovery.

“This only calls for simple solutions and limited investment, while giving us a big gain,” explains project manager Finn Langgård. Wells on Vega will be tied back to the Gjøa platform, which is due on stream next year.

Extra meters must be installed on the wellheads to permit recovery of the light crude. The total price tag for the project is about NOK 350 million. Since the light crude is not very different from the relatively fluid-rich gas/condensate, it has been possible to come up with a solution which uses the same wells.

Read more on Statoilhydro.com

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