Exxon re-discovers RinghorneExxonMobil plans to increase activites at their Ringhore field in the North Sea. Three advanced wells will be drilled from the platform at a cost of 1,5 billion NOK (USD 250 million). - We have a positive view of the Norwegian Continental Shelf (NCS), says Lee Tillman, head of ExxonMobil Norway, to Dagens Næringsliv. ExxonMobil has kept a very low profile in Norway the last couple of years, and many have speculated whether the company is planning to step down activities in Norway. But Tillman tells otherwise. - It is only because we haven't talked so much about it. If you look at discoveries in Norway from 2000 to 2009, we are involved in 40 percent of them. That makes us number three on the NCS, after Statoil and Petoro, says Tillman. Exxon also recently received fifty percent in seven exploration blocks in deep water areas in the Norwegian Sea, and the company hopes to see future developments here. The Ringhorne field is located around nine kilometers north of the Balder ship, and complies of a platform with water injection and processing facilities. Production started in 2003, the same year two new discoveries were made by the Ringhorne field. ExxonMobil collected 4D seismic in the Ringhorne area in 2009 as a preparation for the next drilling operations on the field.
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