Wintershall Noordzee B.V. has begun production from the Ravn Field, its first owned and operated Danish oil field, the company said in a news release.
The field, located in Block 5/06, produces oil from a depth of about 4,000 m (13,123 ft) via a new production platform in the Danish North Sea. The oil is transported via a subsea pipeline about 18 km (11 miles) away to Wintershall Noordzee’s A6-A processing platform, where it is fed into the existing export network to the Netherlands, the company said.
Wintershall Noordzee is taking a phased approach for Ravn. Called “appraisal through development,” the concept will enable the company to continuously gather performance data on well productivity and the lateral extent of the reservoir, the company said. Data analysis will provide the basis for and contribute to further field development options.
“Ravn paves the way for potential further oil and gas developments in this region,” Robert Frimpong, managing director of Wintershall Noordzee, said in the release.
Wintershall Noordzee owns a 63.64% share in the Ravn Field. The Danish state-owned oil and gas company Nordsøfonden holds the remaining 36.36%.
Recommended Reading
US Raises Crude Production Growth Forecast for 2024
2024-03-12 - U.S. crude oil production will rise by 260,000 bbl/d to 13.19 MMbbl/d this year, the EIA said in its Short-Term Energy Outlook.
US Drillers Add Oil, Gas Rigs for First Time in Five Weeks
2024-04-19 - The oil and gas rig count, an early indicator of future output, rose by two to 619 in the week to April 19.
US Drillers Cut Oil, Gas Rigs for Fourth Week in a Row-Baker Hughes
2024-04-12 - The oil and gas rig count, an early indicator of future output, fell by three to 617 in the week to April 12, the lowest since November.
US Drillers Cut Oil, Gas Rigs for Third Week in a Row
2024-04-05 - The oil and gas rig count, an early indicator of future output, fell by one to 620 in the week to April 5, the lowest since early February.
Ohio Utica’s Ascent Resources Credit Rep Rises on Production, Cash Flow
2024-04-23 - Ascent Resources received a positive outlook from Fitch Ratings as the company has grown into Ohio’s No. 1 gas and No. 2 Utica oil producer, according to state data.