Здравствуйте. Вся информация этого сайта бесплатна. Вы можете сделать пожертвование и поддержать наше развитие. Спасибо.

Hello. All information of this site is free of charge. You can make a donation and support our development. Thank you.

2014-09-23 18:10:00

STATOIL EXTENDS FIELDS' LIVES

STATOIL EXTENDS FIELDS' LIVES

Faced with falling reservoir pressures, Statoil ASA is installing compressors in the Norwegian North Sea to extend field lifetimes and produce an extra 1.2 billion boe.

The company began operating a compressor Sept. 17 at the Kvitebjorn gas-condensate field, which is expected to add 8 years through 2035 and increase production by 220 million boe. Kvitebjorn lies on Block 34/11, east of Gullfaks.

Statoil began operating a compressor at Kristin earlier this year and plans one soon for Heidrun. Compressor startups are planned later for Gullfaks, Asgard, and Troll fields. Statoil said Troll will add two compressors to increase recovery by 522 million boe and extend field life 18 years to 2063.

"Many people don't realize that these relatively small modules are able to contribute as much or more value as new fields and that they cost much less to develop because the platform is already in place," said Terese Kvinge, senior vice-president for brownfield projects.

ogj.com

Tags: STATOIL, GAS,

Chronicle:

STATOIL EXTENDS FIELDS' LIVES
2018, June, 18, 14:00:00

U.S. IS BETTER

IMF - Within the next few years, the U.S. economy is expected to enter its longest expansion in recorded history. The Tax Cuts and Jobs Act and the approved increase in spending are providing a significant boost to the economy. We forecast growth of close to 3 percent this year but falling from that level over the medium-term. In my discussions with Secretary Mnuchin he was clear that he regards our medium-term outlook as too pessimistic. Frankly, I hope he is right. That would be good for both the U.S. and the world economy.

STATOIL EXTENDS FIELDS' LIVES
2018, June, 18, 13:55:00

U.S. ECONOMY UP

IMF - The near-term outlook for the U.S. economy is one of strong growth and job creation. Unemployment is already near levels not seen since the late 1960s and growth is set to accelerate, aided by a near-term fiscal stimulus, a welcome recovery of private investment, and supportive financial conditions. These positive outturns have supported, and been reinforced by, a favorable external environment with a broad-based pick up in global activity. Next year, the U.S. economy is expected to mark the longest expansion in its recorded history. The balance of evidence suggests that the U.S. economy is beyond full employment.

STATOIL EXTENDS FIELDS' LIVES
2018, June, 18, 13:50:00

U.S. INDUSTRIAL PRODUCTION DOWN 0.1%

U.S. FRB - Industrial production edged down 0.1 percent in May after rising 0.9 percent in April. Manufacturing production fell 0.7 percent in May, largely because truck assemblies were disrupted by a major fire at a parts supplier. Excluding motor vehicles and parts, factory output moved down 0.2 percent. The index for mining rose 1.8 percent, its fourth consecutive month of growth; the output of utilities moved up 1.1 percent. At 107.3 percent of its 2012 average, total industrial production was 3.5 percent higher in May than it was a year earlier. Capacity utilization for the industrial sector decreased 0.2 percentage point in May to 77.9 percent, a rate that is 1.9 percentage points below its long-run (1972–2017) average.

STATOIL EXTENDS FIELDS' LIVES
2018, June, 18, 13:45:00

SOUTH AFRICA: NO BENEFITS

IMF - South Africa’s potential is significant, yet growth over the past five years has not benefitted from the global recovery. The economy is globally positioned, sophisticated, and diversified, and several sectors—agribusiness, mining, manufacturing, and services—have capacity for expansion. Combined with strong institutions and a young workforce, opportunities are vast. However, several constraints have held growth back. Policy uncertainty and a regulatory environment not conducive to private investment have resulted in GDP growth rates that have not kept up with those of population growth, reducing income per capita, and hurting disproportionately the poor.

All Publications »