Original Development By Statoil
The field was produced by Statoil from February 1996 until it was closed down in 2001. The field was produced using the jackup rig Maersk Giant equipped with oil producing facilities. The produced oil was transferred to the tanker Polysaga. Polysaga had a storage capacity of up to 160,000 cu meters of oil. It was moored and loaded by the subsea turret loading system (STL). The oil from Polysaga was offloaded to a shuttle tanker and transported to the Statoil Mongstad terminal near Bergen for final processing and fiscal metering. Mongstad had to beef up its desalters in order to be able to handle the Yme crude. The field was abandoned in a time of low oil prices after having produced 56 million barrels (8.9×106 m3) of oil (15% recovery of original oil in place).
Read more about this topic: Yme Field
Famous quotes containing the words original and/or development:
“Painting myself for others, I have painted my inward self with colors clearer than my original ones. I have no more made my book than my book has made me—a book consubstantial with its author, concerned with my own self, an integral part of my life; not concerned with some third-hand, extraneous purpose, like all other books.”
—Michel de Montaigne (1533–1592)
“I have an intense personal interest in making the use of American capital in the development of China an instrument for the promotion of the welfare of China, and an increase in her material prosperity without entanglements or creating embarrassment affecting the growth of her independent political power, and the preservation of her territorial integrity.”
—William Howard Taft (1857–1930)