Bream Oil Field

Summary Information

• Operator: OKEA
• Country: Norway
• Location: Norwegian Continental Shelf
• Production start: The project has now been abandoned
• Partners: Premier - 50%, KUFPEC - 30%, Tullow - 20%
• Type: Oil / Gas
• Estimated Reserves:
• Production Volume:

Description

• The name of the field has been changed to **Vette**
• The field is located at a water depth of about 110 metres in the southeastern part of the North Sea, approximately 50 kilometres northwest of the Yme field
• The field is to be developed utilising four production and two water injection wells tied back to the [[[Bream FPSO]]]

Contractors

• **Sevan:** Hull and marine FEED
• **Aibel:** Topsides FEED
• **Xodus Group:** Subsea FEED

History

• 1972 - Bream Oil Field discovered
• 2009 - An appraisal well, including two horizontal sidetracks, was drilled
• 2012 - Premier acquired a further 20% stake from Skeie Energy
• 2013 - Premier increased its stake to 50% and KUFPEC to 30% acquiring stakes from BG Group
• 2014 - FEED contracts awarded
• 2015 - Det Norske acquired Premier's stake
• 2020 - OKEA acquired a 40% stake from Repsol
• 2021 - Operator OKEA decides not to proceed with the project

Geology

• The reservoir is in Middle Jurassic sandstones in the Sandnes Formation, at a depth of about 2 300 metres.

Links

1. Future developments, NPD
2. Drilling update – Norway, Congo
3. Bream sale and purchase agreement signed
4. Bream acquisition and transfer of operatorship
5. Premier Oil 1st Half 2014 Operational Review - Norway
6. Bream FEED contract awarded Sevan Marine
7. Sale Of Norwegian Business
8. Acquisition of Vette discovery from Repsol
9. OKEA decides to halt further development of Vette discovery due to insufficient financial robustness