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Equinor Announces First Oil from North Sea Mariner Field in Uk

Gasoil News - Published on Mon, 19 Aug 2019

Image Source: Equinor
Equinor and partners are proud to announce first oil from the Mariner field in the UK North Sea. The field is expected to produce more than 300 million barrels of oil over the next 30 years. Hedda Felin, senior vice president for UK and Ireland Offshore in Equinor, said that the start-up of Mariner, the first Equinor-operated oil field on the UKCS, establishes our foothold in the UK and reinforces our commitment to be a long-term energy partner.

The Mariner reservoirs have up to 3 billion barrels of oil in place, a 50% increase on what was originally assumed, and the estimated recovery rate has already been increased by 20 percent. Mariner is expected to produce annual average plateau rates of around 55,000 barrels of oil per day and up to 70,000 barrels of oil per day at peak production.

Mr Anders Opedal, executive vice president for Technology, Projects and Drilling in Equinor, said that “By gathering and interpreting new seismic data we have improved our understanding of the reservoirs. This has resulted in fewer and better placed wells and increased resources since the project was sanctioned in 2012. With the significant volumes in place, we see clear potential to further increase the oil recovery from the Mariner field and will proactively seek opportunities to do so through the application of new technology, additional drilling and future tie back opportunities.”

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Posted By : Sanju Moirangthem on Mon, 19 Aug 2019
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