Gullfaks Oil field Research Paper Example | Topics and Well Written Essays - 5750 words

Gullfaks embrocate field - Research Paper ExampleOil exploration in the location where Gullfaks chief(prenominal) field occupies started after the discovery of Brent Field in 1971. Hence, revealing the prospects of occurrence of Middle Jurassic Brent group sentiments, which are significant and highly productive hydrocarbon reservoirs. The first licensing that saw inception of drilling was in 1978 whereby the first well (34/10-1) managed to go through Jurassic section and encountered approximately 160 m width of oil-filled Brent sandstones region. This comprised of a column, which extends to the basement of Brent Group. an some other(prenominal) four wells that followed the initial well were 34/10-3, -4, -5 and -6 whose respective locations are in the western region. The main instrument of this field is Statoil, which took over its full operations in 1981 turning it to be the third largest shows field located in the Northern Sea whose capacity was twice that of Angola (Vassili ou, 2009). Since, then up to date the field stand in the Norwegian history as the first oil bind developed and managed by one of the states corporations successfully. This is to the extent of Norway becoming the third net oil exporter in 2001 whereby its yield reached approximately 223,000 bpd in 2002. The location of main field lies at 34/10 block in the Northern Norwegian Sea, whereby after exploration the main operator (Statoil) spearheaded development of other trinity key concrete platforms, which are Gullfaks A, Gullfaks B, Gullfaks C respectively (Statoil, 2013). Licensing AuthorityStatoil acts as the main operator due to its big number of shares though there are other partners whose holdings are as per the carry over below. Table 1 Gullfaks Licensing authorities Partners Shares % Statoil 51 Petoro 30 OMV 19 Recently, Statoil in quest to advance and maturation its yield in platform C has decided to offer a two-year contract to Aibel whose steer is to initiate varied modif ications that will guarantee the fields anticipated production (Stavanger, 2010). Mainly, Aibel will look for connection of Pandora satellite to Platform C whereby this is one of the first projects the operator intends to undertake besides other varied tasks meant to advance the entire field facilities (Stavanger, 2010). In addition, Statoil in order to be effective and neutralise immense competition globally has recently decided to sell 19% of its holdings to OMV, whereby its operations were to commence in 1st January this year (Oil & Gas Eurasia, 2013). Oil and Gas bear upon facilities The field comprises of three distinct processing facilities commonly referred as platforms whereby A and C performs are independent of each other besides having three separation stages (Statoil, 2013). Mainly, these platforms include Gullfaks A, Gullfaks B, Gullfaks C whose operations started in 1986, 1988 and 1989 respectively (Statoil,