Yme Field - Redevelopment By Talisman Energy

Redevelopment By Talisman Energy

The Yme field is currently owned and operated by Talisman Energy. Talisman began redevelopment of the field in 2008. The redevelopment project is intended to include the installation of 12 production and injection wells and a subsea storage tank. Talisman Energy initially hoped to recover a further 56 million barrels (8.9×10^6 m3) of oil over a period of 10 years. Since Talisman began redevelopment the project has suffered from large cost overruns and extended delays in bringing the field onstream. As of December 2012 first production from the field is not expected until the middle of 2013.

Talisman selected to develop the field using a production jackup platform with a subsea storage tank (MOPU STOR). Drilling will be completed by a separate drilling rig that will leave the field once drilling is completed. The MOPU STOR platform was designed and constructed by SBM Offshore who previously developed the concept for the Siri field. In July 2011 SBM announced the successful installation of the Yme platform, stating that the remaining commissioning activities were expected to be complete before the end of 2011. Subsequently poor weather conditions led to the delay of the commissioning work and in May 2011 Talisman announced a writedown of $250 million on the project and delayed expected first production for an unspecified amount of time.