Statoil Contracts for Asco

Statoil (U.K.) Limited has on behalf of the Mariner co-venturers awarded the contracts for supply base and warehousing services for the Mariner field to Asco UK Limited.

Asco is an international oilfield support services company, headquartered in Aberdeen. The  supply base and warehousing facility for Mariner will be operated  by  Asco  from Peterhead, north of Aberdeen.

The scopes awarded encompass the provision of supply base services, including personnel, local transportation, marine gas oil, quayside services and a nearby warehousing facility.

Asco will perform the services for the Mariner field under two five year contracts, anticipated to start during Q1 2016.  The contracts also include 2 x 2 year extension options.

“We are pleased with the interest we received in the market for this tendering process. We received competitive bids from several highly qualified companies,” says managing director for Statoil (STO) Production UK, Gunnar Breivik.

“Production on Mariner requires a high level of drilling activity and the field is reliant on a seamless and cost efficient logistics chain. Asco is a well-established player and their supply base in Peterhead is a proven, high-performing logistics hub. We are looking forward to working closely with Asco to tackle industry challenges and optimise the supply and warehousing services that we depend on for successful operations on Mariner,” Breivik says.

The Statoil operated Mariner field, located approximately 150 kilometers east of the Shetland Isles, is currently under development and production is scheduled to start in 2017.

The development concept includes a production, drilling and quarters (PDQ) platform based on a steel jacket and a floating storage unit (FSU). Drilling will be carried out from the PDQ drilling rig, with a jack-up rig assisting for the initial years.

In the period when both the PDQ and the jack-up are drilling Mariner wells, the field will require at least five sailings a week from the Peterhead supply base.

Statoil is the operator of the Mariner field with 65.11% equity. Co-venturers are JX Nippon Exploration and Production (U.K.) Limited (28.89%) and Dyas Mariner Ltd. (6%).

Facts:

The Mariner Field is located on the East Shetland Platform of the UK North Sea, approximately 150 kilometres east of the Shetland Isles.

The Mariner heavy oil field consists of two shallow reservoir sections – the deeper, Maureen Formation at 1492 metres and the shallower Heimdal reservoir at 1227 metres.

The development of the Mariner field will contribute more than 250 million barrels reserves with average plateau production of around 55,000 barrels per day.

The field will provide a long-term cash-flow over a 30-year field life. Production is expected to commence in 2017.

The concept chosen includes a production, drilling and quarters (PDQ) platform based on a steel jacket, with a floating storage unit (FSU). Drilling will be carried out from the PDQ drilling rig, with a jack-up rig assisting for the initial years.

The Mariner field development entails a gross investment of more than USD 7 billion.

Following the final investment decision in December 2012, Statoil in 2013 established an office an Aberdeen.

Statoil’s new UKCS operations centre is currently under construction on the Prime Four business park at Kingswells west of Aberdeen.