Dec 2, 2010

Statoil starts production from Vega offshore Norway



Statoil reported that production commenced on the Vega gas and condensate field off Norway's west coast. This will be an important contribution to Statoil's production on the Norwegian shelf. 
“The Vega field is a new and exciting production area for Statoil, and constitutes an excellent addition to our production," says Øystein Michelsen, senior vice president of Exploration and Production Norway. 
The Vega field has been developed with three seabed templates, sending gas and condensate to the Gjøa platform, which also recently came online. 
At production, the Vega field will deliver seven million cubic meters of gas and 3,900 cubic meters of condensate daily. 
The project has been completed according to plan, on time and budget. The Vega field cost US $1.25 billion (NOK 7.6 billion) to develop. 
" I am very pleased that we have completed the project as planned. This is a challenging field," says Michelsen. 
The reservoirs in the Vega field have fairly high pressure and temperature. 
"The Vega field is what we call a technology-qualifying field. We have carried out 39 technology qualifications. This means that the equipment has been tested and designed to be used in new areas. This was done simultaneously with the development," says Vega project coordinator, Helge Hagen. 
Source: Press release

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