PRODUCTION FACILITY

Facility Name	Gullfaks A Platform		Duty	Oil/Gas
Operator	Statoil		Current Status	Producing since 1986
Host Type	Fixed Platform		Water Depth	138 m / 455 ft
Dev.Cost	n/a		Region	Norway
Location	34/10-46 A

Facility Name	Gullfaks B Platform		Duty	Oil/Gas
Operator	Statoil		Current Status	Producing since 1988
Host Type	Fixed Platform		Water Depth	143 m / 472 ft
Dev.Cost	n/a		Region	Norway
Location	34/10-45 B

Facility Name	Gullfaks C Platform		Duty	Oil/Gas
Operator	Statoil		Current Status	Producing since 1989
Host Type	Fixed Platform		Water Depth	143 m / 472 ft
Dev.Cost	n/a		Region	Norway
Location	34/10-B-42 C

Facility Name	Visund FPU		Duty	Oil/Gas
Operator	Statoil		Current Status	Producing since 2002
Host Type	FPU/FPS		Water Depth	335 m / 1,106 ft
Dev.Cost	n/a		Region	Norway
Location	34/8, 34/7

Facility Name	Visund North Subsea		Duty	Oil
Operator	Statoil		Current Status	Producing since 2002
Host Type	Subsea Tieback		Water Depth	n/a
Dev.Cost	n/a		Region	Norway
Location

OIL & GAS FIELD

Field Name	Gullfaks		Discovery Date	Sep 1978
Block	34/10		Reserve Type	Oil/Gas
Current Status	Producing		Production Start	Dec 1986
Water Depth	138 m / 455 ft

Field Name	Tordis		Discovery Date	Dec 1987
Block	34/7		Reserve Type	Oil
Current Status	Producing		Production Start	Jun 1994
Water Depth	200 m / 660 ft

Field Name	Visund		Discovery Date	Mar 1986
Block	34/8, 34/7		Reserve Type	Oil/Gas
Current Status	Producing		Production Start	Apr 1999
Water Depth	335 m / 1,106 ft

Field Name	Gimle		Discovery Date	Dec 2004
Block	34/10		Reserve Type	Oil
Current Status	Producing		Production Start	May 2006
Water Depth	n/a

Field Name	Gullfaks South		Discovery Date	Dec 1978
Block	32/12, 33/12, 34/10		Reserve Type	Oil/Gas
Current Status	Producing		Production Start	Oct 1998
Water Depth	220 m / 726 ft

Field Name	Gullveig		Discovery Date
Block	Block 34/10		Reserve Type	Oil/Gas
Current Status	Producing		Production Start	Oct 1998
Water Depth	n/a

Field Name	Skinfaks		Discovery Date
Block	34/10		Reserve Type	Oil/Gas
Current Status	Producing		Production Start	Jan 2007
Water Depth	n/a

Field Name	Rimfaks		Discovery Date
Block	34/10		Reserve Type	Oil/Gas
Current Status	Producing		Production Start	Feb 1999
Water Depth	n/a

Field Name	Visund North		Discovery Date
Block	34/8, 34/7		Reserve Type	Oil/Gas
Current Status	Producing - Under Dev.		Production Start	Jan 2002
Water Depth	335 m / 1,106 ft

Field Name	Visund South		Discovery Date	Feb 2008
Block	34/8, 34/7, PL120		Reserve Type	Oil/Gas
Current Status	Under Development		Production Start
Water Depth	292 m / 964 ft

Description

The Greater Gullfaks area consists of numerous fields in the Norwegian North Sea, spanning Blocks 34/7, 34/8, 34/10 and 33/12. The first field in the area, Gullfaks, was discovered in 1978; and over time, field development was amended to incorporate satellite fields throughout the Greater Gullfaks area. By using existing infrastructure for newer fields, commerciality of discoveries was increased. Statoil is the operator of the majority of the Greater Gullfaks area with a 70% share, partnering with Petoro, which holds the remaining 30%. Gullfaks The first discovery in the area, the Gullfaks oil field, is located on Block 34/10, roughly 109 miles (175 kilometers) from Bergen, Norway. The field is in water depths of 427 to 722 feet (130 to 220 meters) in the Tampen area. Recoverable reserves are estimated at 2 billion barrels of oil. The field's reservoir consists of Middle Jurassic sandstones in the Brent group, and lower Jurassic and Upper Triassic sandstones in the Cook, Statford and Lunde formations. The reservoir is located in 5,577 to 6,562 feet (1,700 and 2,000 meters) below the seafloor. The field was discovered in 1978; and soon after, the original plan for development and operation of Gullfaks included the Gullfaks A and B facilities (GF-A and GF-B). The Gullfaks C (GF-C) facility was approved in 1985. In 2005, an amended plan for the field was approved, incorporating prospects and small discoveries in the area around the field. Under the new development plan, new discoveries are drilled and produced from existing facilities. There are more than 100 active production and injection wells on the Greater Gullfaks area. The Gullfaks field came online in 1986 by subsea wells producing to the GF-A platform. Production from the Gullfaks field has been declining since it reached its peak plateau of 245,000 bopd in 1994; it is estimated that roughly 90% of the reserves have been produced. Efforts are being made to increase recovery by locating and draining pockets of remaining oil in water-flooded areas, and through continued massive water circulation. Field Development Three gravity-base concrete and steel topside production platforms are used for producing Gullfaks and its satellite fields in the area. Field development in the Greater Gullfaks area relies on water injection, gas injection and water/alternation gas injection (WAG), depending on the composition of the field being produced. The first to commence production, the GF-A platform began producing from the Gullfaks field through subsea tiebacks on Dec. 22, 1986. This production platform is equipped with integrated production and drilling units, and water and gas injection facilities. The platform is used for processing, storing, and exporting recovered hydrocarbons. The second platform to commence production (Feb. 29, 1988), the GF-B platform houses only first-stage separation facilities. The resources from GF-B are transferred to A and C for processing and storage. Similar to GF-A, GF-C consists of integrated production and drilling systems, as well as water and gas injection facilities. This platform starting producing on Nov. 4, 1989, and on Oct. 7, 1994, GF-C set a record for producing 605,965 barrels in a single day. Once oil is processed on either GF-A or GF-C, it is exported to loading buoys. Shuttle tankers then export processed oil. The remaining gas that isn't re-injected is exported through subsea pipelines to the onshore Karsto gas treatment plant north of Stavanger, Norway, and then on to Europe for further processing. Satellite Fields Tordis The Tordis oil field, located on Block 34/7 in the Tampen area, lies in water depths of 656 feet (200 meters). The field commenced production in 1994, but underwent modifications in 2006 to increase the recovery of reserves. The modifications were split in two phases, in order to allow Tordis to continue to produce from the field. Phase 1 of the project included modifying the GF-C platform to change to low-pressure production. Phase 2 consisted of constructing and installing the world's first full-scale subsea separation station. The subsea separation and injection facility is 62 feet (19 meters) high, 131 feet (40 meters) long, 82 feet (25 meters) wide and weighs 1,250 tons (1,134 tonnes). The subsea facility separates water and sand from a wellstream on the seabed before the products are transported to the GF-C platform. Separated water and sand are injected from the subsea installation into an underground saline aquifer and stored. By doing this, the platform saves energy by not transporting sand and water to the platform. Oil from Tordis is sent to the GF-C platform for processing and storage, and then it is exported. Modifications to the existing infrastructure on the Tordis field increased production by an additional 35 million barrels of oil. Gullveig The Gullveig field is located on Block 34/10, 7 miles (11 kilometers) west of Gullfaks. Gullveig was developed as a subsea template and is tied-back by a flowline to the GF-A platform. The field began producing October 10, 1998. Gullfaks South Gullfaks South is located on Blocks 34/10 and 33/12, in 427 to 722 feet (130 to 220 meters) of water. The satellite field was developed in two phases. The first phase of development encompassed eight subsea installations, tied-back to the GF-A platform for processing, storage and loading. Producing oil and condensate, and re-injecting associated gas, this phase was approved in 1996 and commenced production in 1998. Focusing on the production of gas and associated liquids, the second phase of development included subsea wells tied-back to both GF-A and GF-C. This phase was approved in 1998 and commenced production in 2001. Gimle Gimle lies between the Gullfaks and Visund fields in the Tampen area of the North Sea. The field, formerly called Topas, was found through a 24,278-foot (7,400-meter) well drilled from the GF-C platform in 2004. Gimle is tied-back to the GF-C platform and commenced production December 2004. The field produced roughly 2 million barrels of oil during its pilot production phase. In 2006, two new wells, and a water injector well were drilled to increase the field's recoverable reserves of 25 million barrels of oil and 35 Bcf/d (1 Bcm/d). When the field was discovered, Gimle was owned and operated by a different partnership than that of Gullfaks. The companies signed a unitization contract to develop the field through Gullfaks facilities. Statoil serves as the operator of the field, with partners Petoro and ConocoPhillips. Visund Visund is an oil and gas field located on Blocks 34/7 and 34/8, 14 miles (22 kilometers) northeast of the Gullfaks field. The satellite field was developed by 21 wells which are tied-back to a semisubmersible drilling, production and quarters platform. Oil is exported to Gulfaks A for storage and export with the associated gas being re-injected back into the reservoir to increase oil production. The field commenced production in 1999. In 2004, the GF-A platform was equipped to export up to 15 MMcf/d natural gas. Gas delivery on the Visund field commenced Oct. 1, 2005. Visund gas export entails transporting the field's gas through a new pipeline to the Kvitebjorn pipeline for further transport to the land-based Kollsnes gas treatment center west of Bergen. The gas will be treated in Kollsnes' NGL facility and then transported to market through existing pipelines. Titan Titan, a small oil discovery made on June 23, 2009, is directly east of northern Visund in the Tampen area of the Norwegian North Sea. The discovery was made by exploration wells 34/8-13A and 34/8-13S that were drilled in a structurally complex area. Well 13A found a small oil column in Upper Jurassic sands, the underlying Brent group proved to be an aquifer. Well 13S found oil in the Brent group. The wells were drilled by the Scarabeo 5 semisub in a water depth of 1,250 feet (381 meters). The Titan discovery will be tied-in to the Visund field, if proven commercially viable. Visund North Visund North is a subsea satellite field developed 6 miles (10 kilometers) from the Visund platform. The satellite field was developed by two wells tied-back to the nearby platform. Production from Visund Nord commenced in January 2002. Skinfaks/Rimfaks Located on Block 34/10, the Skinfaks field was discovered in 2002, and approved for operation in February 2005. Field development of Skinfaks includes eight production wells that are tied into xmas trees located on the Gullfaks South satellite field. The development is then tied-back to the GF-C platform. Production from Skinfaks began Jan. 27, 2007. Rimfaks, located on Block 34/10, was developed as a satellite field with the well stream tied-back to the GF-C platform. Production on Rimfaks commenced Feb. 7, 1999. Recoverable reserves from the two fields contribute to 12% of the total production of the Gullfaks project.

Activities

Statoil Brings Visund South On-line

Date: Nov. 2012 Type: Production Start

Visund South, Statoil's fast-track development in the Norwegian sector of the North Sea has been brought online. Consisting of the Pan and Pandora fields, Visund South is being developed via a four-well subsea template, of which three wells have been drilled, tied back to the Gullfaks C platform for processing. Statoil estimates the reservoir, which contains 67 MMboe in recoverable resources, to be viable for at least 15 years. Production from field during the first two years will account for more than 40% of total production from the Visund development.

Subsea 7 Grabs Subsea Compression Gig

Date: Nov. 2012 Type: Contract Award

Subsea 7 is the winner of a subsea compression contract for the Statoil-operated Gullfaks C production facility. At almost $70 million the contract provides for the engineering, installation and commissioning of a 9.5 mile integrated power umbilical, a protection structure, a subsea compressor station, pipeline spools and tie-ins. Work will begin immediately at Subsea 7's Stavanger office with offshore operations scheduled to begin in 2015.

Aker Grabs Visund Subsea Work

Date: Oct. 2012 Type: Contract Award

Aker Solutions has been awarded a $52.6 million contract by Statoil for the delivery of five subsea trees and 11 control modules to the Visund field on the Norwegian continental shelf. Included in the contract is an option for four additional subsea trees. The contract is a call-off from an existing frame agreement between the two companies signed in 2007. The trees will incorporate Aker's most advanced subsea technology which will facilitate oil and gas production at a more efficient level and allow greater recovery of reservoir data. Manufacturing of the Visund trees and control modules will take place at Aker Solution's Tranby and Aberdeen facilities respectively.

Statoil Aims to Improve Recovery at Gullfaks South

Date: Aug. 2012 Type: Development Activity

Statoil, along with its partner Petoro, has announced plans for further development of the Gullfaks South field located on the Norwegian continental shelf. Production in the field has fallen sharply in recent years. With a planned investment of $1.4 billion, Statoil will apply its "fast-track" concept which will make use of existing infrastructure as well as two new subsea structures and six additional development wells. The partners believe that their investment will allow recovery in the field to be increased by 65 million barrels of oil equivalent.

Statoil Awards Subsea Project to FMC

Date: Jul. 2012 Type: Operator Update

FMC has been awarded a contract for subsea production systems (SPS)for the Gullfaks South field, with options to cover Statoil's subsea tie-back demand in the fast-track portfolio for 2014 and 2015. Estimated contract value is close to $199 million (NOK 1.2 billion), in addition to possible extensions worth $663 million (NOK 4 billion. Equipment to be supplied includes wellheads, x-mas trees, template structures, manifold and control systems.

Framo Engineering to Design, Construct Gullfaks Subsea Gas Compression Plant

Date: Apr. 2012 Type: Contract Award

Statoil has awarded Framo Engineering a contract for the design and construction of the Gullfaks subsea gas compression plant. The operator said that Gullfaks may become one of the first installations worldwide to employ subsea gas compression. The mature Gullfaks field is experiencing a decline in natural reservoir pressure, so the field may need boosting in the form of compression in order to produce more gas and bring the gas up to the platform. In 2011, Statoil and partner Petoro decided to choose a subsea solution as the preferred concept for gas compression some nine miles (15 kilometers) from the Gullfaks C platform. This may increase the production from the field by 3 billion cubic meters of gas, enabling Gullfaks to sustain plateau production for gas export. The current recovery rate on the field is 62 percent. A combination of subsea compression and conventional low-pressure production in a later phase may increase this to 74 percent. This is the first delivery by Framo Engineering to Statoil within engineering, procurement and construction (EPC) of subsea compression facilities. Contracts for platform modifications and marine operations in connection with the Gullfaks development will be awarded during the summer/autumn of 2012, subject to a positive investment decision.

Technip Wins Statoil Subsea Work

Date: Jan. 2012 Type: Subsea Equipment

Technip received two contracts for the Vilje South and Visund North developments in the North Sea in water depths of 394 and 1,263 feet (120 and 385 meters). These contracts cover welding and installation of a 6-mile-long (10-kilometer-long) production flowline; subsea equipment installation and tie-ins; and umbilical installation and tie-ins. Installation will occur in mid-2013.

Statoil Finds More Oil in Gullfaks Area

Date: Jan. 2012 Type: New Discovery

Statoil found more oil in the Skinfaks South field in the Norwegian sector of the North Sea. The operator confirmed the discovery of light oil in Middle Jurassic reservoir rocks (Brent group) and an 262-foot (80-meter) high column in good-quality reservoir rocks. Drilled to a vertical depth of 12,211 feet (3,722 meters), the well concluded in the Drake formation in Middle Jurassic rocks. The field is located on Block 33/12, directly west of the Gullfaks field in the Tampen area. Serving as operator of the block is Statoil with a 70 percent interest; while Petoro holds the remaining interest.

Statoil Reaches Investment Decision for Visund North

Date: Dec. 2011 Type: Status Update

Statoil and partners have reached an investment decision for the Visund North development in the North Sea. Recoverable reserves are expected to be 29 MMbbl of oil equivalents, consisting mainly of oil. The development entails a standard seabed template with two wells, to be manufactured by FMC, and installed in the summer of 2012. The oil will transport to Visund A through a new pipeline system, for processing on the platform. Statoil says that all of the main contracts have been awarded, apart from marine installations and platform modifications. These are planned to occur by the end of the year. Production is slated for 2013. The oil and gas field is located in Blocks 34/8 and 34/7, which Statoil operates.

PSA Grants Statoil Approval to Drill on Gullfaks Satellites

Date: Sep. 2011 Type: Status Update

The Petroleum Safety Authority Norway granted Statoil consent to sue the Songa Dee semisub in the northern part of the North Sea on Gullfaks satellites. The consent relates to drilling new wells and re-using existing wells on the Gullfaks South, Gullveig, Rimfaks and Skinfaks fields. The activities will include permanent plug-back of existing wells, as well as drilling, sidetrack drilling and completion of new wells. Drilling should start soon and last for up to six years. The greater Gullfaks area lies in the Norwegian sector of the North Sea. Statoil operates the majority of the Greater Gullfaks area with a 70% share, and partners with Petoro, which holds the remaining 30%.

Statoil Hits Additional Pay in Greater Gullfaks Area

Date: Aug. 2011 Type: Status Update

Statoil has made a third discovery in an exploration and a sidetrack well near Gullfaks South in the Greater Gullfaks area. The wells were intended to determine petroleum in Middle Jurassic reservoir rocks of the Brent group, and if communication exists with the producing structures in Gullfaks South. Oil-and gas-bearing intervals were observed in the upper part of the Brent group along both well paths, stated Statoil. The wells proved a column of about 394 feet (120 meters) thick with good reservoir quality. Hydrocarbons were not found in the lower Brent group of the well. A formation test was not performed, but data was collected and cores were taken to determine the hydrocarbon system and contacts. The Deepsea Atlantic semisub drilled wells 34/10-52 A and B. Preliminary calculations indicate that 3 to 9.5 MMbbl of recoverable oil equivalent are present. The operator will now connect the wells to existing infrastructure in the Gullfaks area. The Gulkfaks area is located in the Norwegian sector of the North Sea and is operated by Statoil.

PSA Grants Statoil Consent to Drill on Gullfaks

Date: Aug. 2011 Type: Status Update

The Petroleum Safety Authority Norway granted Statoil permission to use the Deepsea Atlantic semisub on the Gullfaks field. The consent relates to drilling and completing three wells (34/10 F-3 AH, 34/10 F-1 H and 34/10 G-4) in Production License 050. Drilling is expected to begin in September 2011, and the length of the activities should last for about 385 days. The greater Gullfaks area lies in the Norwegian sector of the North Sea. Statoil is the operator of the majority of the Greater Gullfaks area with a 70% share, partnering with Petoro, which holds the remaining 30%.

Statoil to Start Development Drilling on Visund South

Date: Jul. 2011 Type: Status Update

Statoil received consent to use the Ocean Vanguard semisub in Block 34/8, in the Norwegian sector of the North Sea. The consent relates to drilling of three production wells on Visund South. Drilling should start in August 2011 and last for about 300 days. Visund South is a subsea development consisting of a template with four slots and three wells connecting to Gullfaks C for processing. Statoil operates the field, owning a 53.20% interest; Petoro owns 30%; ConocoPhillips owns 9.10%; and Total owns 7.7%.

Statoil Gets Thumbs Up for Visund South

Date: Jun. 2011 Type: Operator Update

The Norwegian Ministry of Petroleum and Energy approved Statoil's plan for development and operation for Visund South. Production is set to begin in the third quarter of 2012. Visund South is a subsea development consisting of a template with four slots and three wells connecting to Gullfaks C for processing. Development drilling will commence in August. Statoil operates the field, owning a 53.20% interest; Petoro owns 30%; ConocoPhillips owns 9.10%; and Total owns 7.7%.

Statoil Charges Ahead at Fast-Track Proj. Visund South

Date: May. 2011 Type: Status Update

Statoil announced that its fast-track project - Visund South - is progressing as planned. The seabed template is constructed and heading to the field location, four months after the company sanctioned the field. The template will be installed on the field, between the Gullfaks C and Visund platforms, in June, with production expected to come online in 2012. Statoil operates the field, owning a 53.20% interest; Petoro owns 30%; ConocoPhillips owns 9.10%; and Total owns 7.7%.

PSA Gives Nod to Statoil to Carry out Modifications on Gullfaks B

Date: Feb. 2011 Type: Subsea Equipment

Statoil has received consent to upgrade the water injection system on the Gullfaks B platform, because the main components on the existing system are vulnerable to degeneration, stated the Petroleum Safety Authority Norway in a press release. One of the main objectives of the modification is to increase the capacity of the water injection system from the current level of 35,000 MMcm/d to 70,000 MMcm/d. In addition, a new power cable will be installed between Gullfaks A and Gullfaks B. According to the plan, the work is scheduled for completion in 2013. The Greater Gullfaks area consists of numerous fields in the Norwegian North Sea, spanning Blocks 34/7, 34/8, 34/10 and 33/12. Statoil is the operator of the majority of the Greater Gullfaks area with a 70% share, partnering with Petoro, which holds the remaining 30%.

Greenland Bags FEED Contract for Gullfaks B

Date: Feb. 2011 Type: Contract Award

Grenland Group has secured a front-end engineering and design contract from Statoil in connection with the upgrade of drilling facilities on the Gullfaks B platform. Work is scheduled to start immediately. The Gulkfaks area is located in the Norwegian sector of the North Sea and is operated by Statoil.

Statoil Says a Well Incident Occurred on DeepSea Atlantic

Date: Feb. 2011 Type: Status Update

Statoil has reported that a well incident took place on the Deepsea Atlantic on Thursday night, February 9. The rig is conducing operations on the Gullfaks South field, where it is about to complete operations in connection with the gas and condensate discovery in well 34/10-53. Normalization efforts on the rig commenced a half-hour later and the situation was quickly clarified. Work on the well has resumed, and the incident was reported to the Petroleum Safety Authority Norway. Statoil stated that when the BOP was opened and mud circulated, gas was registered in the mud processing unit on the platform. The well control system was immediately closed. The gas in the well circulated in a controlled manner and both well barriers were reestablished. Statoil is currently determining the cause of the incident. The Gulkfaks area is located in the Norwegian sector of the North Sea and is operated by Statoil.

Statoil, Partners Submit Plan for Visund South

Date: Jan. 2011 Type: Development Activity

The partners in the Visund South development have submitted a plan for development and operation (PDO) to the Ministry of Petroleum and Energy. The fast-track development will consist of a subsea template with four well slots, where three wells will be completed and tied-back to the Gulfaks C platform for processing. Gullfaks C will then transport the hydrocarbons for further exportation. Production is expected to commence in the third quarter of 2012. Visund South, consisting of the Pan and Pandora discoveries, is located 6 miles (10 kilometers) from both Gullfaks C and the Visund A platform. Statoil operates the field, owning a 53.20% interest; Petoro owns 30%; ConocoPhillips owns 9.10%; and Total owns 7.7%.

Aibel to Modify Gullfaks C Platform

Date: Dec. 2010 Type: Contract Award

Aibel received a contract from Statoil to modify the Gullfaks C platform to allow for the connection of the Pan Pandora satellite field to processing facilities on the platform. Work will commence immediately and continue for almost two years. Pan Pandora is located in water depths of about 950 feet (290 meters) in the Norwegian sector of the North Sea. Statoil serves as the operator of the satellite field, holding a 59.06% interest.

Statoil Halts Drilling Ops at Gullfaks Field

Date: Nov. 2010 Type: Status Update

Statoil has halted drilling operations at the Gullfaks field in the Norwegian sector of the North Sea, to further review the company's routines for planning and conducting drilling operations. After performing an internal investigation involving a previous incident on the field, Statoil wishes to ensure that ongoing drilling and well operations are in accordance with its procedures. A controlled shut-down of drilling and well operations are being conducted at the field, while production will continue as normal from the field and associated satellite fields. The Greater Gullfaks area consists of numerous fields in the Norwegian North Sea, spanning Blocks 34/7, 34/8, 34/10 and 33/12. Statoil is the operator of the majority of the Greater Gullfaks area with a 70% share, partnering with Petoro, which holds the remaining 30%.

Statoil Signs LOI with Songa Offshore

Date: Oct. 2010 Type: Drilling Operations

Statoil signed a Letter of Intent with Songa Offshore for use of the Songa Dee semisub to carry out production drilling on the Gullfaks field in the Norwegian sector of the North Sea. The semisub will be used for drilling and completing wells, and will then contribute to field production. The drilling operations will increase the field's production volumes from 2012, and will help boost the recovery rate from the field, stated Statoil. Drilling is expected to commence in August 2011. Statoil is the operator of the majority of the Greater Gullfaks area with a 70% share, partnering with Petoro, which holds the remaining 30%.

Statoil Moves Forward with Development on Several Fast-Track Projects

Date: Aug. 2010 Type: Status Update

Statoil announced four fast-track developments are on schedule: PanPandora, Katla, Vigdis Northeast and Gygrid. PanPandora is in the forefront; the subsea equipment for the field was ordered, the drilling rig contract was awarded, and the receiving platform was chosen. The planned production start of the field is around three years after the discovery was made. Additionally, each fast-track development consists of one single subsea template, a few wells and a tie-back to existing plants.

Aker Receives Frame Agreement for Norwegian Fields

Date: Jun. 2010 Type: Contract Award

Aker Solutions was granted a frame agreement contract for maintenance and modification work on Statoil's offshore installations, including Snorre A/B, Gullfaks A/B/C, Visund and Asgard A/B in the Norwegian sector of the North Sea. The contract period is for four years and includes options for further extensions up to four years. The scope of work will typically involve engineering, procurement, construction and installation, and completion of modifications, maintenance, studies and prefabrication. Preparation activities will commence immediately.

Troll Shuts Down Due to Gas Leak

Date: Jun. 2010 Type: Status Update

Production was suspended at several Norwegian oil and gas facilities, Troll A, Kvitebjoern, and Visund, after a small gas leak was detected at Norway's largest gas field, Troll A. Output was also reduced at the Troll B and Troll C fields. Due to the shutdown, gas hasn't flowed into the Kollsnes Gas Processing plant, which handles nearly 40% of total Norwegian gas exports, according to Dow Jones. The Troll field compromises the Troll East and Troll West structures on Blocks 31/2, 31/3, 31/5, and 31/6 in 1,115 feet (340 meters) of water in the Norwegian North Sea. Troll commenced production in 1995.

FMC To Supply Subsea Equipment for Pan Pandora

Date: Jun. 2010 Type: Contract Award

FMC Technologies received a US $70 million contract from Statoil to manufacture and supply subsea production equipment to support the Pan Pandora oil and gas field. FMC's work scope includes the manufacture of four subsea production trees, wellheads, choke modules and subsea control modules. The company will also supply one manifold structure, and associated tools and control systems. Delivery of the equipment is scheduled to commence in the second quarter of 2011. Pan Pandora is located in water depths of about 950 feet (290 meters) in the Norwegian sector of the North Sea. The also award includes options for the supply of subsea production systems for three further fields.

Grenland Group to Modify Water Injection Plant on Gullfaks B

Date: Jun. 2010 Type: Contract Award

Statoil awarded Grenland Group a contract to modify the water injection plant on the Gullfaks B platform. The water injection plant pumps seawater into the oil reservoir for maintenance of the well pressure and production capacity. Work will start immediately, and contract completion is scheduled for the middle of June 2012. Gullfaks B is the central unit on the Gullfaks field and delivers oil and gas to Gullfaks A and C for further delivery of oil to shuttle tankers and gas through pipeline to the plant at Karsto. Statoil is the operator of the majority of the Greater Gullfaks area with a 70% share, partnering with Petoro, which holds the remaining 30%.

A Pair of Contracts Awarded To Aker for Visund and Troll Subsea Trees

Date: Oct. 2009 Type: Contract Award

Aker Solutions recently won a pair of contracts for the delivery of subsea equipment to StatoilHydro for the Visund and Troll fields (located in the North Sea). Together, these contracts are worth just over $50 million (300 NOK). Specifically, Aker is to provide six subsea trees (including control systems) for the Visund field and three for the Troll field. The contracts are call-offs under the current frame agreements between Norway's largest oil company and Aker Solutions. The new contracts includes the hundredth subsea tree for the Troll field since the first one was delivered from Aker in 1999. 27 subsea trees have been delivered by Aker to the Visund and Visund North fields.

ClampOn Clinches Order for Subsea Sensors at Tordis and Vigdis

Date: Oct. 2009 Type: Contract Award

ClampOn will supply subsea sand monitoring sensors to the Tordis Vigdis Controls Modification project, located in the Greater Gullfaks Area. The contract is for 18 ClampOn DSP-06 Compact Particle Monitors, which will be delivered in 2010. The funnels and sensors will be installed on the subsea modules by a ROV at a depth of about 656 feet (200 meters). The Tordis and Vigdis oil fields are in the North Sea, to the west of the Norwegian city of Stavanger.

StatoilHydro to Drill in North Sea's Block 34/10

Date: Oct. 2009 Type: Status Update

StatoilHydro was granted consent to conduct exploration drilling in the northern North Sea using the Deepsea Atlantic, an ultra-deepwater semisubmersible. The consent applies to drilling of exploration well 34/10-53 S and side-track well 34/10-53 A on the Gullfaks field. The well is part of PL 050, and has the following geographical coordinates: N 61º 04' 04.678", E 02º 07' 00.340". The water depth at the location is 449 feet (137 meters).

Aker Solutions Wins FEED Contract for Gullfaks A Drilling Facilities

Date: Sep. 2009 Type: Contract Award

StatoilHydro awarded Aker Solutions a FEED study for upgrading the Gullfaks A drilling facilities, which is expected to extend the productive lifetime of the Gullfaks A platform. The contract value is estimated to be approximately NOK 50 million. Scope of work for the FEED study includes new equipment to increase drilling capacity and modification of existing installations offshore. The study will consider the possibility to upgrade the drilling capacity to reach 6 miles (10 kilometers), including heavy lifting to install a new derrick. Work under the contract starts immediately and the FEED will be completed in April 2010.

FMC Tapped for Gullfaks Subsea Equipment

Date: Aug. 2009 Type: Subsea Equipment

FMC Technologies has received an award from StatoilHydro for the manufacture and supply of subsea equipment for its Gullfaks oil and gas field in the Norwegian North Sea. The award has a value of approximately $73 million in revenue to FMC Technologies. FMC's scope of supply includes eight subsea production trees as well as associated equipment and systems including flow control modules and subsea control modules. The project will be managed from FMC's operation in Kongsberg, Norway. Deliveries will commence in the second quarter of 2010.

Deepsea Atlantic to Drill for StatoilHydro in Northern North Sea

Date: Jul. 2009 Type: Appraisal Operations

StatoilHydro received consent to conduct exploration drilling with the Deepsea Atlantic semisub in the northern North Sea in a water depth of 443 feet (135 meters). The consent applies to drilling of exploration well 34/10-52 S, which is part of PL 050. The well is located on Gullfaks Sor in the Tampen area. Planned start-up is July 2009. The drilling activity is estimated to last for 90 days.

NPD Grants StatoilHydro Drilling Permit for Wellbore 34/10-52 S

Date: Jul. 2009 Type: Appraisal Operations

The Norwegian Petroleum Directorate granted StatoilHydro a drilling permit for wellbore 34/10-52. The drilling program for wellbore 34/10-52 S relates to the drilling of an appraisal well in PL 050, which contains the Gullfaks and Gullfaks Sor fields in the North Sea. The well will be drilled by the Deepsea Atlantic semisub. StatoilHydro serves as the operator with a 70% interest, and Petoro AS is the licensee with a 30% interest.

GE Awarded Contract for TVCM project in North Sea

Date: Jun. 2009 Type: Contract Award

GE was awarded a $70 million contract by StatoilHydro to upgrade a suite of subsea control systems for StatoilHydro's Tordis Vigdis Controls Modification (TVCM) project. The VetcoGray SemStar5 subsea electronics modules are being developed and manufactured for installation offshore in 2010 and 2011. Tordis is located in the Norwegian North Sea on Block 34/7 in a water depth of 656 feet (200 meters).

Aker Solutions Receives Contract from StatoilHydro for NCS Fields

Date: May. 2009 Type: Contract Award

Aker Solutions is currently providing well services to StatoilHydro on the Tampen and Halten/Nordland area, but expects the new contract awarded to increase the level of activity moving forward. Aker received a framework contract for mechanical wireline services for Heidrun; Njord A; Brage; Gullfaks A, B and C; Heimdal; Huldra; Kvitebjorn; Oseberg B, C, East and West; Troll A; Veslefrikk; and Visund A. The contract also covers mechanical wireline work on the majority of the mobile drilling units StatoilHydro will utilize at its subsea fields in the North Sea. Additionally, Aker will deliver onshore operational support to StatoilHydro's field centres at Stavanger, Bergen, Stjørdal and Harstad.

StatoilHydro Awards Subsea Compression Contract on Gullfaks South

Date: May. 2009 Type: Contract Award

A contract was awarded to Framo Engineering to develop a solution for subsea wet gas compression, which could extend the production life of Gullfaks South. Located in the North Sea, this satellite field is tied-back to the Gullfaks C platform by three 9-mile (15-kilometer) pipelines. Subsea gas compression could boost recovery from Gullfaks in the Norwegian North Sea by three billion standard cubic metres, a 6% increase from the current estimate.

StatoilHydro Taps Island Wellserver for North Sea Well Intervention

Date: Apr. 2009 Type: Status Update

StatoilHydro will use the Island Wellserver vessel for light well intervention on fields located in the Norwegian North Sea. The fields include Tordis, Vigdis, Snorre, Statfjord, Gullfaks, Sygna, Asgard, Heidrun and Norne; and the work will span 2009 through the end of 2011. Island Wellserver is a mobile facility purpose-built for light well intervention and is operated by Island Offshore.

StatoilHydro Strikes Oil Close to Vigdis in North Sea

Date: Mar. 2009 Type: New Discovery

In the North Sea, StatoilHydro struck oil at an exploration well and a sidetrack (34/7-34 and 34/7-34A), confirming a 918-feet (280-meter) oil column. Located in 958 feet (292 meters) of water, the wells are on PL089, north of the Vigdis East field. With proven recoverable resources estimated at 25 MMbo, development of the discovery will be linked to either the Vigdis or Tordis fields.

StatoilHydro to Drill 2 Wells Near Visund with Scarabeo 5

Date: Mar. 2009 Type: Appraisal Operations

The Norwegian Petroleum Directorate granted StatoilHydro a drilling permit for wellbores 34/8-13 A and 34/8-13 S in PL 120, on Block 34/8 close to the Visund field in the North Sea. The wells will be drilled from the Scarabeo 5 semisubmersible.

StatoilHydro to Conduct Well Intervention on Visund Nord

Date: Feb. 2009 Type: Operator Update

StatoilHydro has received consent to use Transocean's Polar Pioneer semisubmersible drilling rig for intervention on wells 34/8-B-1 and 34/8-B-2 on Visund Nord.

PSA Conducts Investigation into Tordis

Date: Nov. 2008 Type: Status Update

In May this year, oil was detected on the sea near the Tordis field in the North Sea. The cause was leakage of oily water from the seabed. The Petroleum Safety Authority Norway (PSA), together with the Norwegian Petroleum Directorate (NPD), has conducted a follow-up of StatoilHydro's own investigation into the incident. The PSA has not identified any matters beyond those described in the investigation report, which makes recommendations for measures to rectify identified faults and impairments, and prevent similar incidents from occurring again.

Shutdown of North Sea Gas Pipeline to Impact StatoilHydro's Production

Date: Aug. 2008 Type: Status Update

The shutdown of the rich gas pipeline between Kvitebjorn and Kollsnes will impact StatoilHydro's production for the remainder of the year. Visund will continue to inject gas during the shutdown and liquids will consequently be produced.

StatoilHydro Strikes Success at Gullfaks, Boosting Production through 4D

Date: Jul. 2008 Type: Status Update

The search for oil is still on at Gullfaks, where the expected recovery factor is now more than 60 percent. 4D seismic surveys have helped boost the production by more than 60 million barrels of extra oil.

StatoilHydro Awards Aker Solutions Contract on Gullfaks Platforms

Date: Jun. 2008 Type: Contract Award

StatoilHydro has awarded the contract for replacement of cement units on the Gullfaks A and Gullfaks B platforms in the North Sea to Aker Solutions.

Visund Onstream In January

Date: Jan. 2002 Type: Production Start

StatoilHydro reports that its Visund North field is scheduled to come onstream later this month. Initial output will be approximately 20,000 barrels per day and this will increase to a peak of 40,000 barrels per day. The field consists of two satellite wells connected to the Visund platform.

Status History
Visund South
Under Development - Jan 21, 2011 to - The partners in the Visund South development have submitted a plan for development and operation (PDO) to the Ministry of Petroleum and Energy. The fast-track development will consist of a subsea template with four well slots, where three wells will be completed and tied-back to the Gulfaks C platform for processing.
Discovery (Drilled) - Feb 2008 to 2011 Discovery well 34/8-14S
Skinfaks
Producing - Jan 27, 2007 to - Production on Skinfaks began Jan. 27, 2007.
Gimle
Producing - May 19, 2006 to -
Under Development - May 2006 to May 2006
Discovery (Appraised) - Feb 16, 2005 to May 17, 2006 The well is classified as an oil appraisal. Well operations were completed on 15 February 2005 and the well was handed over to production on 22 February 2005 and re-named 34/10-C-46.
Appraisal Drilling - Dec 23, 2004 to Feb 15, 2005 Sidetrack well 34/10-48 A was spudded from a preset 32" conductor at slot 29 on the Gullfaks C platform on 17 March 2004.
Exploratory Drilling - Mar 17, 2004 to Dec 22, 2004 Well 34/10-48 S was spudded from a preset 32" conductor at slot 29 on the Gullfaks C platform on 17 March 2004. Well bore 34/10-48 S was plugged back to 5060 m and permanently abandoned on 22 December 2004 as an oil discovery. Well side track 34/10-48 A was initiated.
Visund North
Producing - Under Dev. - Jan 02, 2011 to -
Visund FPU
Producing - Jan 2002 to -
Visund North
Producing - Jan 2002 to Jan 01, 2011 Subsea development on Visund North began production in January 2002.
Visund North Subsea
Producing - Jan 2002 to - Subsea development on Visund North began production in January 2002.
Rimfaks
Producing - Feb 07, 1999 to - Rimfaks has been in production since 7 February 1999.
Gullveig
Producing - Oct 10, 1998 to - The field began producing October 10, 1998.
Gullfaks C Platform
Producing - Nov 04, 1989 to -
Gullfaks B Platform
Producing - Feb 29, 1988 to -
Tordis
Producing - Jun 03, 1994 to -
Under Development - May 14, 1991 to Jun 02, 1994 he field has been developed with a central subsea manifold tied back to Gullfaks C. he field has been developed with a central subsea manifold tied back to Gullfaks C.
Appraisal Drilling - Sep 28, 1989 to May 13, 1991 Appraisal drilling continued even after development began.
Discovery (Drilled) - Dec 18, 1987 to Sep 27, 1989 Other discoveries on this field are: 34/7-21 Borg in 1992, 34/7-22 Tordis East in 1993; 34/7-25 S Tordis SE in 1996.
Exploratory Drilling - Oct 11, 1987 to Dec 17, 1987 Wildcat well 34/7-18 was spudded on 20 July 1991 and drilled to TD at 2443 m in the Early Jurassic Drake Formation.
Gullfaks A Platform
Producing - Dec 22, 1986 to -
Visund
Producing - Apr 21, 1999 to -
Under Development - Mar 29, 1996 to Apr 20, 1999 The development includes a semi-submersible integrated accommodation, drilling and processing steel facility (Visund A).
Discovery (Appraised) - Feb 09, 1994 to Mar 28, 1996
Appraisal Drilling - Dec 06, 1990 to Feb 08, 1994 Several appraisal wells were drilled during this period.
Discovery (Appraised) - Nov 01, 1988 to Dec 05, 1990 Both appraisal wells were plugged and abandoned as oil and gas discoveries.
Appraisal Drilling - Jul 14, 1988 to Oct 31, 1988 2 appraisal wells were drilled during this period: Appraisal well 34/8-1 spudded by Polar Pioneer reached 3328 m; Appraisal well 34/8-3 A spudded 9/14/88 by the Polar Frontier reaching 3230 m;
Discovery (Drilled) - Mar 09, 1986 to Jul 13, 1988 Well 34/8-1 was plugged and abandoned on 8 March 1986 as an oil and gas discovery.
Exploratory Drilling - Nov 11, 1985 to Mar 08, 1986 Wildcat well 34/8-1 was spudded with the semi-submersible installation "Treasure Scout" 11 November 1985 and drilled to a total depth of 3610 m in the Triassic Lunde Formation.
Gullfaks South
Producing - Oct 10, 1998 to -
Under Development - Mar 29, 1996 to Oct 09, 1998 Gullfaks Sør has been developed with a total of eleven subsea templates tied back to the Gullfaks A and Gullfaks C facilities.
Appraisal Drilling - Dec 14, 1982 to Mar 28, 1996 Several appraisal wells were drilled during this period.
Discovery (Drilled) - Dec 09, 1978 to Dec 13, 1982 Well 34/10-2 was abandoned as an oil discovery.
Exploratory Drilling - Sep 09, 1978 to Dec 08, 1978 The Ross Rig drilled wildcat well 34/10-2 to a total depth of 3730 m into the Late Triassic.
Gullfaks
Producing - Dec 22, 1986 to - Oil is exported from Gullfaks A and Gullfaks C via loading buoys to shuttle tankers. The part of the rich gas that is not reinjected is sent through the export pipeline to Statpipe for further processing at Kårstø and export to the Continent as dry gas.
Under Development - Oct 09, 1981 to Dec 21, 1986 The field has been developed with three integrated processing, drilling and accommodation facilities with concrete bases and steel topsides, Gullfaks A, B and C. Gullfaks B has a simplified processing plant with only firststage separation.
Appraisal Drilling - Mar 13, 1979 to Oct 08, 1981 Several appraisal wells were drilled during this period. Most were successful a few were deemed dry.
Discovery (Drilled) - Sep 09, 1978 to Mar 12, 1979
Exploratory Drilling - Jun 20, 1978 to Sep 08, 1978 Well 34/10-1 was drilled by the Ross Rig (now Transocean Artic) to a total depth of 2460 m.