Project Profile
Value: US$90 m
Location: Block 15/5 and 15/6 in the Sleipner area, North Sea, Norway
Reserves: 25 million barrels of recoverable oil
Start-up Year: August 2001
Water Depth: 110m (361ft)
Glitne block lies in block 15/5 and 15/6 in the Sleipner area of the Norwegian sector of the North Sea about 40km north-west of the Sleipner East development. The production licence for the development, 048, was awarded to Statoil in 1977. Statoil owns 58.9% of Glitne; Total E&P Norge AS 21.8%; Det Norske Oljeselskap (DNO) 10.0% and Dansk Olie-og Naturgas (DONG) Norge 9.3%. Glitne, at a water depth of 110m (361ft), is a Palaeocene reservoir with a gas/oil ratio of 50m³:m³. The reservoir consists of several separate sand sheets of deep-marine fan deposits in the upper Heimdal formation.
Glitne was shut-down on April 28, 2013 with the departure of the Petrojarl 1 FPSO. A day later, Statoil marked the formal decommissioning of Glitne field with the termination of its production contract with Teekay.
The reservoir contained 25 million barrels of recoverable oil and was initially due to produce over 26 months, at an estimated maximum daily flow of some 40,000 barrels for the first 15 months. The total investment in the project was estimated to be NKr700m (US$90m).
In August 2007 the Norwegian Petroleum Safety Authority approved Statoil\'s new plan to deploy the \'Ocean Vanguard\' on the Glitne Field development in the North Sea. This semi-submersible rig is due to drill and complete well 15/5-A-7-H as an oil producer under an eight-week drilling programme. The new well is part of an ongoing campaign to improve recovery from the field, and to extend its productive life-span. An additional well is also under consideration for the near future.
Operators:
Statoil: Operator with 58.9% interest
Total E&P Norge: 21.8% interest
Det Norske Oljeselskap (DNO): 10% interest
Dansk Olie-og Naturgas (DONG) Norge: 9.3% interest
Contracts:
Diamond Offshore: Drilling contract
Petroleum Geo-Services: Production contract (valid till 2005)
Teekay Petrojarl Production ASA: Floating Production, Storage and Offloading (FPSO) vessel, Petrojarl 1