ExxonMobil Seeks to 'Extend' Sigyn Life
Tuesday 10 January 2017
ExxonMobil is reportedly looking to prolong the lifetime of its producing Sigyn field off Norway by another five years under an application filed with the authorities.
The field in the Sleipner area of the North Sea was due to be shut down by the end of 2017, having been brought on stream in 2002, but a new production well drilled last year has enabled its producing life to be extended.
As a result, the US operator has submitted an application to extend the use of the field’s facilities until the end of 2022, news site SyslaOffshore.no reported.
Sigyn, which is producing as a subsea tieback to the Statoil-operated Sleipner A platform, is expected to generate an additional 18 million barrels of oil equivalent over the five-year extended period, according to the filing.
ExxonMobil said the field’s subsea drilling template could potentially be re-used for another project in the future once Sigyn is finally shut down.