Offshore logo
Low production forecast for Valhall
Publisert 08.11.2013 13:08 av
0
Kommentarer
Vis RSS feed
Publiser på Facebook
Send nyhet til en venn
Skriv ut saken

One of the partners in Norway's Valhall field has warned that production from the asset is likely to be at the lower end of previous guidance for this year.

Hess says average daily production at the Valhall field in the third quarter this year was up at 37,000 barrels of oil equivalent – much higher than the average of 7,000 boe/d in the third quarter last year.

The US-based corporation which has been undergoing a major portfolio realignment with assets sales in the North Sea – says the change in Valhall output is due to the ramp up of production from new facilities as a result of the Valhall redevelopment.

But Hess warns in its third quarter report: “Full year 2013 net production for Valhall is expected to be at the lower end of the guidance range of 24,000 boepd to 28,000 boepd.”

As part of its portfolio adjustment programme in the North Sea, Hess sold its stakes in the UK Bittern and Schiehallion fields in the second half of last year and its shares in the Beryl fields were sold earlier in the first quarter this year.

Hess reported that it sold its 22% equity in the UK Beryl field and the related Scottish Area Evacuation (SAGE) pipeline system in the first quarter this year for a total of US $442 million, which resulted in a pre-tax gain of $323 m after income tax.

Also in September last year Hess completed the sale of its 16% stake in the BP-operated Schiehallion field in the UK West of Shetlands region, including the Schiehallion FPSO and pipeline systems, for $524 m, resulting in a further pre-tax gain of $376 m.

Earlier in January 2012, Hess had sold off its 3% stake in Norway's Snohvit field for $132 m, resulting in a further after-tax gain of $36 m.

All of the sales are part of the new company strategy to become a pure exploration and production company.

 
Tema i saken:
Annonse
SISTE NYHETER FRA FORSIDEN
Skuffende produksjonstall i juni

Skuffende produksjonstall i juni

Men en oppgang på seks prosent sammenlignet med mai. 

[Les mer ] Annet

Trøim får tidenes «sluttpakke»

Trøim får tidenes «sluttpakke»

John Fredriksens høyre hånd får aksjer for 1,6 milliarder kroner i avskjedsgave.

[Les mer ] Annet

Får bruke Deepsea Atlantic

Får bruke Deepsea Atlantic

Skal plugge brønn for Statoil.  

[Les mer ] Felt/område nytt

Denne kjempen kommer til Norge

Denne kjempen kommer til Norge

Torsdag legger denne norske kjempen av en gasstanker til kai for første gang i hjemlandet.

[Les mer ] Annet

45 millioner til NES

45 millioner til NES

Skal levere fremdriftssystem og automasjonspakke.

[Les mer ] Kontrakter

– Statoil er i rute

– Statoil er i rute

Helge Lund mener at virksomheten i selskapet går som smurt til tross for dårligere resultater. 

[Les mer ] Bedriftsnytt

Siste nyheter
Skuffende produksjonstall i juni
Men en oppgang på seks prosent sammenlignet med mai. 
LES MER | Annet
Florø-verft mistet Statoil-kontrakt
Skulle klargjøre Valemon-dekket for Nordsjøen.
LES MER | Annet
Trøim får tidenes «sluttpakke»
John Fredriksens høyre hånd får aksjer for 1,6 milliarder kroner i avskjedsgave.
LES MER | Annet
Offshore.no/international
Apache sells $3.75 bn Gulf of of Mexico portfolio
North Sea operator Apache Corporation is selling off US $3.75 billion worth of mature offshore assets in the US Gulf of Mexico....
LES MER | Company news
Hvordan følge Offshore.no
Sosiale medier
Tips oss
Kontakt oss
Offshore.no AS
Annonsere
Ansvarlige
Sjefsredaktør: Erlend Keilen
OPPHAVSRETT
Alt innhold er opphavsrettslig beskyttet.
Copyright Offshore.no AS