Rystad Energy: North Sea oil production struggling
Published by Nicholas Woodroof,
Editor
Oilfield Technology,
Currently, Rystad sees unplanned outages at Oseberg and Flotta with combined impact of 160 000 bpd. Furthermore, the North Sea is heading into maintenance season. North Sea oil production is forecast to drop next month to the lowest level since August 2014, as Ekofisk goes into maintenance.
Based on its field level production and maintenance forecast, Rystad expects North Sea oil production to drop to 2.28 million bpd with 462 000 bpd lost due to outages. Turnaround activity at Ekofisk feeding fields is the primary driver accounting for 230 000 bpd of the total outage for June 2019.
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/20052019/rystad-energy-north-sea-oil-production-struggling/
You might also like
Africa needs US$375 billion to develop natural gas sector, says Society of Petroleum Engineers (SPE)
With 17 high impact wells completed in 2025, Africa will need significant investment to support natural gas demand in the near-medium term.