Skinfaks/Rimfaks production starts in North Sea

Jan. 30, 2007
Statoil's Skinfaks/Rimfaks North Sea project has started production. The first oil from Rimfaks came from its improved oil recovery project.

Offshore staff

STAVANGER, Norway --Statoil's Skinfaks/Rimfaks North Sea project has started production. The first oil from Rimfaks came from its improved oil recovery project.

"By combining Skinfaks development with several Rimfaks wells we've achieved an economic development of two satellites which individually would have been marginal," say Lars Christian Bacher, senior vice president for the Tampen business cluster.

Statoil is operator for the Gullfaks licence with a 61% share. Other licensees are Petoro with 30% and Hydro (9%).

01/30/2007