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: Deepwater Offshore Energy Activity Subsea Well Operations Europe Production

Related Stories

Vantris Energy Lands Petronas Job on Malaysia’s Offshore Fields

Jereh Group Delivers Oil Separation Systems for Petrobras’ FPSO Units

Saipem Lands $425M Turkish Gas Contract in Sakarya Expansion

Russia Gives ExxonMobil More Time to Exit Sakhalin-1 Oil and Gas Project

Fugro Nets Mubadala Energy’s Deepwater Gas Job in Asia

Finder Energy Buys Petrojarl I FPSO for Timor-Leste Oil and Gas Projects

Major Oil and Gas Projects Drive Strong OSV Demand in the Middle East

Viridien to Shed More Light on Malaysia’s Offshore Oil and Gas Potential

SBM Offshore, SLB to Optimize FPSO Performance Using AI

SBM Offshore Starts Construction of FSO for Trion Oil Field off Mexico

Current News

Seadrill Firms Up Offshore Drilling Workload with Multi-Region Contract Awards

Turkish Petroleum, Chevron Discuss Joint Oil and Gas Exploration

ADNOC Gas Signs $3B LNG Supply Deal with India’s HPCL

Samos Energy Buys Suksan Salamander FSO from Altera Infrastructure

Philippines Makes First Offshore Gas Discovery in Over a Decade

Woodside to Supply LNG to JERA During Japan's Winter Peak

Fugro, PTSC G&S Extend Partnership for Vietnam's Offshore Wind Push

Thailand's Gulf Energy Eyes Long-Term LNG Supply

OceanMight Gets Petronas’ Offshore Construction Job in Malaysia

Vantris Energy Lands Petronas Job on Malaysia’s Offshore Fields

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