Draugen field impacted by Norway production restrictions
May 29, 2020
OKEA has had to cut production from its flagship Draugen field in the Norwegian Sea, due to restrictions imposed last month by Norway’s government in response to low oil prices.
(Courtesy OKEA)
The Draugen platform in the Norwegian Sea.
Offshore staff
TRONDHEIM, Norway – OKEA has had to cut production from its flagship Draugen field in the Norwegian Sea, due to restrictions imposed last month by Norway’s government in response to low oil prices.
Permitted production volumes for Draugen in June and the second half of this year have been reduced from 3.63 MMbbl to 3.43 MMbbl in total.
To optimize operations, the license partners have agreed to re-schedule a bi-annual maintenance shutdown on the field from September to late June, thereby sustaining the production guidance for the year of 14,000-15,000 boe/d.
COVID-19 related infection control measures and travel restrictions have resulted in lower availability of personnel at the Aker Solutions yard in Egersund where the jackup Maersk Inspirer for Repsol’s Yme re-development in the North Sea (OKEA 15%) is undergoing an upgrade.
The Petroleum Safety Authority sanctioned use of the rig on Yme earlier this month. But prolonged restrictions, added to the inherent schedule risk associated with large modification projects, could delay first oil to the first half of 2021, OKEA warned.
