The Statfjord oil field is an enormous oil and gas field in the Norwegian sector of the North Sea operated by Statoil.
It is a trans-median field crossing the Norwegian and UK North Sea Boundary with approximately 15% being in the UK Continental Shelf waters. At peak production it produced over 700,000 barrels (110,000 m3) of oil per day. Oil is loaded offshore and taken directly to refineries; gas is transported via the Statpipe pipeline to mainland Norway.
The Statfjord field has three condeep concrete production platforms, A, B and C. Each platform is made up of approximately 250,000 tonnes of concrete with 40,000 tonnes of top-side processing and accommodation facilities.
Statfjord holds the record for the highest daily production ever recorded for a European oil field (outside Russia) : 850,204 barrels (135,171.6 m3) (crude oil plus natural gas liquids) were produced on January 16, 1987. Current production is less than 70,000 barrels per day (11,000 m3/d), and no European field exceeds 250,000 barrels per day (40,000 m3/d).
Statoil has planned the "late life" of the field expects to ultimately recover 68% of Oil in Place. but more than 60% have been produced already, leaving modest oil reserves in the order of 300 million barrels (48×10
6 m3), so the focus will now be placed on extracting the associated natural gas that had been re-injected into the field all over its life. As a mainly natural gas producer, Statfjord is scheduled to remain active until 2019.Read more about Statfjord Oil Field: Statfjord Oil Spill
Famous quotes containing the words oil and/or field:
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—Mario Puzo, U.S. author, screenwriter, and Francis Ford Coppola, U.S. director, screenwriter. Michael Corleone (Al Pacino)
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—Clara Barton (18211912)