News // Oil and gas worldwide
Wintershall marks quarter century of production on Brage
25 September 2018 , 12:06Neftegaz.RU593
Oslo, September 25 - Neftegaz.RU. The Wintershall-operated Brage platform offshore Norway is celebrating its 25th anniversary of oil production.
The Brage field is Wintershall Norge’s 1st operated production field. The company took over operatorship in 2013 as part of an asset swap with Equinor. 1st oil from the platform was produced back in 1993.
Wintershall said that the boost followed a year-long drill break in 2015 when the company took the opportunity to streamline its processes and align contracts to incentivize safe, efficient drilling of the wells.
According to the company, the result is some of the most efficient wells ever drilled on Brage. The activities on Brage is part of approximately $2.35 billion that Wintershall is spending on the Norwegian Continental Shelf between 2017 and 2020.
With the takeover of Brage’s operatorship, Wintershall Norge covered the entire E&P value chain in Norway: from the exploration and drilling to the development and subsequent production of crude oil and natural gas.
Today, the company is also the operator of the subsea fields Maria and Vega, in addition to Nova, which is currently under development.
00:01 25.03.2019Germany's Wintershall eyes Russian expansion after DEA merger
15:49 21.03.2019Wintershall with record production
12:08 19.03.2019Norway’s February oil output drops below expectations
14:29 04.03.2019Equinor made oil discovery from Visund in the North Sea