ExxonMobil
awarded new operatorship rights on Norwegian Continental Shelf
Posted: 09 June 2004
Exxon Mobil Corporation announced that its subsidiary, Esso Exploration
and Production Norway AS, has been awarded operatorship and 30
percent ownership interest in a new license in the southern North
Sea on the Norwegian Continental Shelf.
The operatorship covers blocks 8/6, 9/2-6, 10/4, 10/7-9 and 11/7,
and is located in the Norwegian-Danish basin, approximately 60
miles (100 kilometers) southwest of Egersund. Other parties to
be awarded interest in the license are Statoil (30 percent), SDFI
(30 percent) and RWE Dea (10 percent).
"We are very pleased to receive this award in the 18th round
in a previously unexplored area of the Norwegian Continental Shelf," said
Tim Cejka, president of ExxonMobil Exploration Company. "We
believe that the continued pursuit of new ideas and the opening
of new acreage is essential to prolonging successful oil and gas
exploration in Norway."
Last year, ExxonMobil's exploration program on the Norwegian Continental
Shelf yielded three discoveries from five operated exploration
wells, two of which were near the Ringhorne field and one in the
Voring basin.
In addition, ExxonMobil announced that it encountered
hydrocarbons in a new discovery (Block 16/1) in the Utsira High
area just two weeks ago.
ExxonMobil is the operator of the Ringhorne, Balder and the Jotun
fields, which are all located on the Utsira High area. Ringhorne
is located about five miles (10 kilometers) northeast of the Balder
field in blocks 25/8, 25/10 and 25/11.
ExxonMobil is the sole owner of Ringhorne and Balder, and owns
45 percent of Jotun. Other Jotun owners are Shell/Enterprise (45
percent), Lundin (7 percent) and Petoro (3 percent). The fields
are operated by the company's upstream organization located in
Forus outside Stavanger.
ExxonMobil, currently the largest international producer on the
Norwegian Continental Shelf, had 2003 net total production in Norway
of 391,000 oil-equivalent barrels per day.
For more information see www.exxonmobil.com
Posted by Richard Price,
Editor Pipeline Magazine
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