Statoil puts Bressay field development on ice - Offshore.
These are challenging fields, which were already economically marginal, so we need to assess how this tax increase impacts them and consider how to move forward.” Statoil says it has been close to awarding engineering and design contracts for the Mariner field but this will now be suspended. Mariner and Bressay hold several hundred million barrels of recoverable oil and Statoil have said.
Last December, Chevron transferred to StatoilHydro its operating interests in three heavy oilfield licenses which included the complex Bressay, Mariner, and Mariner East discoveries. Despite more than a decade’s production experience with the heavy oil Captain field, Chevron could not deliver a commercial development plan for Mariner. Bressay was due to undergo an extended well test last.
The island of Bressay, half a mile across the harbour, offers a complete contrast to the bustle of Lerwick, and the sheltered visitor berth in the marina at the Voe of Leiraness is easy of access. Nearby, The Northern Lights Holistic Spa serves delicious lunches and evening meals, and the islands offers some fine hill and coast walking. There is also a secluded anchorage in the north of the.
The Bentley Oil Field is a heavy oil field located on the East Shetland Platform in the UK Northern North Sea, 8 kilometres (5.0 mi). and operational information for the evaluation of potential synergies and collaboration between the Bentley and Bressay Fields, and another collaboration agreement in October 2014 with EnQuest and Statoil in order to evaluate the potential utilisation of.
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The project west of Shetland is thought to be capable of delivering 300million barrels of oil and, like Mariner, it is one of the largest unexploited fields in the UK due to its complexity. Meanwhile, Equinor has been operator of the Bressay field, about 30miles north-east of Mariner, since 2007.
Statoil acquired operatorship of the Mariner and Bressay fields in the latter part of 2007 and further strengthened its position in September 2010 when the company revealed that it has signed an agreement with Nautical Petroleum (Nautical) to acquire 20.67 per cent of Nautical’s interest in UK offshore licence P335 that includes the Mariner field. Statoil also says that it has an 81.6 per.