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The "easy" oil is gone

General discussions of the systemic, societal and civilisational effects of depletion.
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The "easy" oil is gone

Unread postby smiley » Sun 07 Aug 2005, 16:18:41

$this->bbcode_second_pass_quote('', 'S')tatoil ASA's (STO) Kristin gas field in the Norwegian Sea won't reach its plateau production - around 230,000 barrels of oil equivalent gas a day - until almost a year later than planned, a person at one of the partner companies told Dow Jones Newswires Friday.


$this->bbcode_second_pass_quote('', 'T')est production was originally planned to begin in June or July, with an official start on October 1, quickly ramping up to full output by December.

But Kristin's high temperature, high pressure reservoir created one of the most complex drilling environments Statoil's ever encountered in Norway, the company said.

"Pressure and temperature...are higher than on any other field so far developed on the Norwegian continental shelf," Statoil said on its Web site.

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