Repsol gains consent to use Rowan Viking rig on Yme field
- Exploration & Production
Spanish oil company Repsol has received consent from the Norwegian offshore safety body, the Petroleum Safety Authority (PSA), to use the Rowan Viking jack-up rig on the Yme field offshore Norway.
The PSA said on Monday that the consent covers accommodation, well maintenance, and well intervention activities on the Yme field in the North Sea.
According to the offshore safety watchdog, drilling is scheduled to start in either September or October 2019.
As for the Rowan Viking, it is a jack-up drilling rig built in Singapore in 2010. The rig was upgraded in 2014 by Dutch company Damen.
The upgrade included the extension of the rig’s three legs by 10 meters to 180 meters, a five-yearly special periodic survey. The rig received an Acknowledgement of Compliance (AoC) from the PSA in August 2014.
Repsol took over Yme field after buying Talisman in 2015 and is the operator of the field with Lotos, KUFPEC, and OKEA as license partners.
First oil from the field is expected in the second quarter of 2020 with the maximum plateau oil production estimated to be 38,000 boe per day.
According to the Spanish company, an estimated 65 million barrels of oil are estimated to be recovered within the next ten years.
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