Project Profile
Potential Value: US$300 million
Location: Egersund Basin, 100km off the coast of Norway. It lies at a water depth of 93m in Blocks 9/2 and 9/5 in the south-eastern region of the North Sea
Reserves: 60 million barrels
Start-up Year: Mid-year 2019
The field was discovered by Statoil in 1986, but was abandoned in 2001. The Yme field comprises two structures - Gamma and Beta, located 12km from each other. The oil in these reservoirs was accumulated in sandstones from the Middle Jurassic era in the Sandnes Formation. The sandstones are found at a depth of approximately 3,150m and are well consolidated. The Sandnes Formation features a homogeneous tight lower arrangement and a heterogeneous upper arrangement.
In January 2016, Norwegian startup oil firm OKEA agreed to acquire Repsol\'s 60% stake in the Yme field.
Decommissioning
In 2014, Veolia group won a contract to decommission a 14,000-tonne oil platform in the Norwegian North Sea. The Talisman-operated Yme platform has been sitting unmanned in the North Sea, offshore Norway, since mid-July, 2012, when Talisman decided to evacuate the personnel due to cracks found in the platform’s legs. After the evacuation, Talisman sent a letter to the Norwegian authorities claiming there was a threat of the platform collapsing into the sea.
In August 2016 the company started decommissioning work by using the giant Pioneering Spirit vessel, the removal in a single lift of the 13,500-tonnes topside marks a new step in decommissioning of offshore oil platforms, which previously had to be taken apart piece by piece, meaning longer operations.
Operators:
Repsol Norge: Operator with 60% interest
Lotos Exploration and Production Norge AS: 20% interest
Kufpec Norway: 10% interest
OKEA: 10% interest
Contractors:
Atkins: FEED contract
Aker Solutions: Well intervention services
AMBHertel: Build and install accommodation on Yme platform
Baker Hughes Norge AS: Subsea deployments
Cameron: Subsea trees
EnerMech: Crane services contract
Floatel International AB: Semisubmersible living quarters
GAC Marine: Towed deck structure of the Mobile Offshore Production Unit and storage (MOPUStor)
GE Oil & Gas: Subsea production system
J P Kenny: FEED contract
Maersk: Maersk Giant jack-up drilling rig
ODIM ASA: Develop and construct workover jack-up rig
Prosafe: Regalia accommodation platform
SBM (Single Buoy Moorings): Lease of MOPUstor, a production jackup installed on a subsea storage tank, for the field re-development and FEED
Technip: Pipeline EPCI
Topaz Energy: Mobile Offshore Production Unit and storage (MOPUStor)
Veolia Environmental Services UK: A contract to decommission the Yme 14,000-tonne oil platform in the Norwegian North Sea. (September, 2014)
Sub Contractors:
Adyard Abu Dhabi: Subcontracted by Single Buoy Moorings for MOPU fabrication contract
Bergen Group Rosenberg: Subcontracted by Single Buoy Moorings for platform hooks
FoundOcean: Subcontracted by Single Buoy Moorings for grouting on the MOPUstor Phase 2
STEP Offshore: Delivered drilling fluid and well control system to ODIM