North Sea: Islay Field Comes On Stream

North Sea: Islay Field Comes On Stream

Total

Total (Paris:FP) (LSE:TTA) (NYSE:TOT) announces first production from its Islay gas field in the Northern North Sea, 440 kilometers north-east of Aberdeen.

Total operates and fully owns the Islay field, which was discovered mid 2008 and is mainly located in Block 3/15 of the United Kingdom sector and partly in Blocks 29/6a and 29/6c of the Norwegian sector. Lying in a water depth of 120 meters, the field has estimated reserves of nearly 17 million barrels of oil equivalent and has already reached its expected production of 15 000 barrels of oil equivalent per day.

Islay’s single well is tied-back to the Alwyn North platform via existing subsea infrastructure, underlining Total’s strategy in the North Sea of using existing facilities to exploit the potential of satellite discoveries. This project will help to further extend the life of Total’s fully owned Alwyn production hub.

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Total is one of the largest integrated oil and gas companies in the world, with activities in more than 130 countries. The Group is also a first rank player in chemicals. Its 96,000 employees put their expertise to work in every part of the industry – exploration and production of oil and natural gas, refining and marketing, new energies, trading, and chemicals. Total is working to help satisfy the global demand for energy, both today and tomorrow. www.total.com

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