Statoil’s Troll B produces 1 billion barrels

Troll B; Image by: Øyvind Hagen; Statoil

Norwegian oil company Statoil has seen one billion barrels of oil equivalent produced from the Troll B platform since it came on stream on September 19, 1995.

Statoil said on Tuesday that its operated North Sea platforms Troll B and C combined were the largest oil producers on the Norwegian Continental Shelf (NCS) for the last three years.

Troll B is a floating process and accommodation platform with concrete hull, and Troll C is a floating process and accommodation platform with a steel hull. They produce from thin oil-bearing layers in the Troll West reservoir.

Troll B has produced almost three times more than the expected volume stated in the initial plan for development and operation (PDO).

When Troll B came on stream in 1995, nine oil wells and one gas injector had been pre-drilled. For more than 21 years the platform has delivered high oil volumes with excellent regularity. The average daily oil production has been 20,600 cubic meters. The 21-year-old produced an average of 12,000 cubic meters per day in 2016.

Over the years, based on the average oil price for the years in production, one billion barrels of oil from Troll B provided a revenue of NOK 268 billion ($30.7 billion). Around NOK 200 billion, or almost 75 percent, were channeled back to the Norwegian state through direct ownership and taxes.

Lars Høier, vice president of Troll operations, said: “The combined oil and gas produced from the Troll field so far represent values worth NOK 1300 billion. After 20 years of production Troll will probably be the highest oil producing field on the NCS for the fourth year in a row.”

Statoil said that Troll B has had a “flat” production profile over the past few years due to an efficient and active drilling program and that the company forecasts another 8-10 years of oil production on the platform.

In 2015, a new record was set when a distance of 145,000 meters was drilled in the reservoir. Statoil said that the budget aimed for start-up of 15 new wells in 2016.

Troll B is located around 100 kilometers west of Bergen and around 50 kilometers from the Oseberg field center. The distance between Troll A and Troll B is approximately 20 kilometers.

Share this article

Follow Offshore Energy Today

Events>

<< May 2017 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

Oil & Gas Indonesia 2017

Oil & Gas Indonesia (OGI) is an exhibition focused on Oil and Gas Exploration, Production and Refining and showcases the largest exhibition…

read more >

Global Offshore Technology Innovation Conference (OTIC) 2017

The conference is a combination of case study presentations, highly interactive workshops and informative panel discussions in order…

read more >

OGA 2017

OGA 2017 is the most beneficial way to meet, discuss and acquire the latest in the Oil & Gas industry! …

read more >

03rd OIL & GAS TANZANIA 2017

After a successful Oil & Gas Exhibition in 2016, Expogroup is all set for the 6th OIL & GAS AFRICA 2017…

read more >

Jobs>

QC Coordinator Offshore

Do you attach great importance to quality and do you have an affinity with offshore projects? Then read about what Van Oord can offer you.

apply

Electrician

For one of our clients we are looking for a Ships Electrician. Our client is a company with worldwide activities. You will work in a rotation of 4 till 6 weeks on and off.

apply

Assistant Driller

Maersk Drilling Norge AS was established in 1990 and employs a staff of approximately 1000 people.

apply