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:
“After all the field of battle possesses many advantages over the drawing-room. There at least is no room for pretension or excessive ceremony, no shaking of hands or rubbing of noses, which make one doubt your sincerity, but hearty as well as hard hand-play. It at least exhibits one of the faces of humanity, the former only a mask.”
—Henry David Thoreau (1817–1862)