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Title: North Sea Emerald crude oil assayed

Journal Article · · Oil and Gas Journal; (United States)
OSTI ID:5684670

This book reports on an analysis of crude from Emerald field, 70 miles east of the Shetland Islands in the British North Sea, which shows that the crude is much heavier than typical North Sea crude. Elements of the long- delayed project appear to be in place, but production has not yet begun. Plans calls for producing the field at a rate of 30,000-40,000 b/d from a floating storage unit. Sovereign Oil and Gas plc has completed and fully tested seven production wells and four injectors in the marginal Emerald oil field. All flow lines are in place and the floating storage unit is ready to be installed. Production from Emerald will be sold to Neste Oy of Finland, at a minimum price of $17.90/bbl for Sullom Voe. Increases in spot prices above that level will be shared equally by the owners and purchaser.

OSTI ID:
5684670
Journal Information:
Oil and Gas Journal; (United States), Vol. 89:37; ISSN 0030-1388
Country of Publication:
United States
Language:
English