Bridge Energy provides operations update
Bridge Energy, the Oslo Axess-listed oil and gas exploration and production company says that gas production has recommenced at its Victoria gas field,
Bridge Energy, the Oslo Axess-listed oil and gas exploration and production company says that gas production has recommenced at its Victoria gas field, located in UKCS block 49/17.
The field's production rate is now being increased in a controlled manner and is expected to reach steady, full rate during the course of Monday 1st November.
The whole operation was completed on schedule at noon Sunday 31 October, following the successful repair to the damaged controls umbilical.
The Victoria field was shut in on 4th August after the controls umbilical was severed by an unknown vessel. At the time of the incident Victoria, which is a subsea well tied-back to the ConocoPhillips operated Viking complex, was producing at the rate of approximately 9 mmscf/d.
The repair team formed by Bridge Energy was headed by Construction Specialists Limited (CSL) and supported by Bibby Offshore Limited, Duco Limited and Aker Solutions Limited.
The Bibby Topaz Diving Support Vessel left Aberdeen on 23rd October and commenced operations on location during the morning of 25th October. Repair activity was completed and facilities handed over to operations on 30th October.
The professionalism of the repair team and speed of delivery has allowed Bridge Energy to meet its commitment to re-start production by end October.
The total cost of the repair will be in the range £2.5 to £3.0 million and this will largely be covered by insurance claim recoveries.
Einar Bandlien, Bridge's Chief Executive Officer said, "The completion of the repair to the Victoria umbilical in line with our schedule is extremely positive news for the company. We would like to thank our Contractors, CSL, Bibby, Duco and Aker for the effort and efficient teamwork in delivering a succesful outcome in this complex and challenging operation."