Statfjord oil field

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Statfjord A in 1982

Annual oil production from Statfjord^[1].

Statfjord is an oil and gas field in the Norwegian sector of the North Sea operated by StatoilHydro (and by Statoil prior to the merger). It is a "trans-median" field crossing the Norwegian and UK North Sea Boundary with circa 15% being in the UK Continental Shelf waters. At peak production it produced over 700,000 barrels of oil per day. Oil is loaded offshore and taken direct to refineries; gas is transported via the Statpipe pipeline to mainland Norway.

The Statfjord field has three Condeep concrete production platforms, A, B and C. Each platform is made up of circa 250,000 tonnes of concrete with circa 40,000 tonnes of "top-side" processing and accommodation facilities.

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Statfjord holds the record for the highest daily production ever recorded for a European oil field (outside Russia) : 850,204 barrels (crude oil + Natural Gas Liquids) were produced on January 16, 1987. Now it is producing less than 70,000 barrels a day, and no European field exceeds 250,000 barrels a day.

Statoil has planned ^[2] the "late life" of the field. The company expects to ultimately recover 68% of Oil in Place (an exceptionaly high figure) but more than 60% have been produced already, leaving modest oil reserves in the order of 300 million barrels, so the focus will now be placed on extracted the associated natural gas that had been reinjected into the field all over its life. As a mainly natural gas producer, Statfjord is scheduled to remain active until 2019.