Yme Field
Yme is an oil field in the Egersund basin area in the central part of the North Sea. It is located 160 kilometres (99 mi) northeast of the Ekofisk oil field. The water depth is 93 metres (305 ft). The field was discovered in 1987 and was developed by Statoil with production from 1996 to 2001. In 2001 low oil prices led to the abandonment of the field. After the production license was relinquished by Statoil, a new license group led by Talisman Energy was formed to redevelop the field. In 2007 Talisman were granted permission to redevelop the field, this marked the first time that a previously abandoned Norwegian oil field has been restarted.
Read more about Yme Field: Original Development By Statoil, Redevelopment By Talisman Energy, Crude Oil Quality
Famous quotes containing the word field:
“The frequent failure of men to cultivate their capacity for listening has a profound impact on their capacity for parenting, for it is mothers more than fathers who are most likely to still their own voices so they may hear and draw out the voices of their children.”
—Mary Field Belenky (20th century)