Wintershall Struggles to Boost Output from Norway's Maria Field

Monday, October 15, 2018

German oil firm Wintershall's flagship project in Norway - the Maria oil and gas field - is not meeting output expectations due to water injection issues, the company said on Monday.

The field, which started nine months ahead of schedule at end-2017, was welcomed by the Norwegian government as an innovative project to squeeze more barrels from Norway's continental shelf.

But 10 months after the startup Maria's output has not lived up to expectations.

"The production performance of the Maria field does not yet fully meet our expectations," Wintershall said in an email to Reuters. The company did not give details of these expectations.

Winters said the reason for this could be a limitation in the connectivity between the water injection and oil production layers in the reservoir.

"Some testing and investigations will be performed to obtain more information and to define the way forward," Wintershall said in the email.

The company, which injects water to keep the pressure in the reservoir some 3,800 meters deep, said it was too early to say whether it would have to revise estimates for the field's recoverable reserves, which currently stand at around 180 million barrels of oil equivalents.

Spirit Energy, which has a 20 percent stake in the field, said on its website that at peak production Maria was expected to add about 8,300 barrels of oil equivalents (boed) net to Spirit Energy's output.

That would put Maria's expected gross peak production at more than 41,500 boed, according to Reuters' calculations.

The latest data from the Norwegian Petroleum Directorate showed the Maria field produced 23,400 barrels of oil equivalents per day (boed) in July.

Wintershall has 50 percent stake in Maria's licence, and Norway's state-owned Petoro holds the remaining 30 percent.

Norwegian business Dagens Naeringsliv was the first to report the issues at the Maria field.

Wintershall, owned by German chemicals group BASF, is in the process of merging with oil and gas firm DEA.

Spirit Energy is 69 percent owned by Britain's Centrica.


(Reporting by Nerijus Adomaitis. Editing by Jane Merriman)

Categories: Offshore Energy Deepwater Subsea Activity Europe Production Well Operations

Related Stories

Abu Dhabi's NMDC Group Gets $1.1B Subsea Gas Pipeline Job in Taiwan

CNOOC’s South China Sea Oil Field Goes On Stream

AI & Offshore Energy: The Higher the Stakes, the More Value AI Creates

Velesto Completes Removal of Wrecked Naga 7 Jack-Up Rig Off Malaysia

Seatrium Delivers Fifth Jack-Up to Borr Drilling

Floating Wind and the Taming of Subsea Spaghetti

CNOOC Starts Production at Another Oil Field in South China Sea

CNOOC Kicks Off Production from Bohai Bay Field

Eni Strengthens LNG Ties with Japan

ABS Gives Its Blessing to SHI’s Ammonia FPSO Design

Current News

McDermott Concludes Work at PTTEP’s Kikeh Gas Field Off Malaysia

Japan's Mitsui Eyes Alaska LNG Project

Santos Hires Weststar-GAP for Timor-Leste Offshore Helicopter Services

Petronas Preps for Sabah-Sarawak Gas Pipeline Decom Op

European LNG Imports Up with Asian Influx

Sunda Energy Starts Environmental Survey for Timor-Leste Oil and Gas Field

Kazakhstan Looks to Improve Oil Production Agreements Terms

ConocoPhillips Takes Over Operatorship of Malaysian Oil and Gas Cluster

VIDEO: AIRCAT Crewliner takes Shape to Service Offshore for TotalEnergies Angola

China's CNOOC Aims for Record Oil and Gas Production in 2025

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com