The Caesar Tonga Project has been sanctioned by StatoilHydro
2009.04.02 -
Projects
The Anadarko operated Caesar Tonga development consists of three discoveries, Tonga and Tonga West which were acquired in 2005 as part of the EnCana acquisition and Caesar which was acquired from Plains in 2006 .
The three discoveries have been combined into one project to be developed as a subsea tie-back to the Anadarko operated Constitution Spar. StatoilHydro has 23.55% working interest in the development. Other co-owners are Shell and Chevron.
"We are very excited to start another development in this promising area," says StatoilHydro's asset manager Randy Perry. "
Caesar Tonga is located just south of the Tahiti development which will come on stream this summer.
We are expecting similar sand qualities which should give us good recovery rates from the field," he adds.
The initial phase of development will consist of four wells with a combined average production of 40,000 BOPD with first oil expected in 2011.
This will be the first project which StatoilHydro's Houston office has moved from exploration to execution.
The FPSO Sevan Piranema has today commenced oil production on the Piranema field, off the coast of Aracaju, in the state of Sergipe, Brasil.
Q is located in Mississippi Canyon block 961. The natural gas field is developed as a subsea tieback to the Anadarko-operated Independence Hub facility in the eastern US Gulf of Mexico. StatoilHydro has a 50% working interest in the Q field.
The Piranema field, 25 km off the coast of Sergipe, started producing oil this Wednesday (10/10), in deep Northeastern Brazil waters. With operations going online in this field, Petrobras is taking another step towards maintaining Brazil’s oil self-sufficiency. The Piranema oil, of excellent quality, at 44º API, is the lightest oil produced in deep waters in Brazil.
The first tanker with a cargo of liquefied natural gas (LNG) from the Snøhvit field left port at Melkøya near Hammerfest, northern Norway
Exxon Mobil Corporation (NYSE:XOM) announced today that its subsidiary, Esso Exploration Angola (Block 15) Limited, has started production from the Marimba North project, designed to develop 80 million barrels of oil in approximately 3,900 feet (1,300 meters) of water more than 90 miles (145 kilometers) off the coast of Angola.
