Energy committee visiting Kristin

March 8, 2006, 13:45 CET

Twelve representatives of the Norwegian standing committee on energy and the environment visited the Kristin platform in the Norwegian Sea yesterday, 7 March.

Gunnar Kvassheim (Liberal Party), head of the committee, considered the visit to be very useful to the Norwegian politicians.

"It's interesting to see the opportunities provided by Kristin, locally and especially internationally," he says. "It is important that Norwegian companies are at the forefront with regard to subsea installations."

Located at a depth of 4,500 metres below the seabed, the Kristin reservoir has a record pressure of 911 bar and a temperature of 170oC. The field is to be developed with a total of 12 wells. Eight of the wells will be highly deviated - the first of their kind to be drilled as subsea completions in a field with high temperature and pressure.

Production regularity in February was 99 per cent. The corresponding percentage in January was 98. Current output is around 50 per cent of full production, which should be attained during the third quarter of this year.

The same politicians visited the methanol plant at Tjeldbergodden in mid-Norway on Monday 6 March, where they were informed about Statoil's development plans for the methanol plant and a new gas-fired power station.