UK: Total Announces A Significant Gas Condensat...
TOTAL S.A.
Paris - September 4, 2007 - Total announces a significant new gas condensate
discovery in block 205/5a in approximately 610 metres of water, some
100 kilometres North West of the Sullom Voe Terminal on the Shetland Islands.
Total, with a 47.5% interest, is the operator of this block awarded end 2004,
alongside partners Eni UK Limited (22.5%), DONG E&P (UK) Limited (20.0%) and
Chevron North Sea Limited (10.0%).
The Tormore discovery well 205/5a-1 was drilled to a total depth of 3936 metres
and tested at 32 million cubic feet per day of gas with a condensate gas ratio
of
75 barrels per million cubic foot.
This discovery lies 15 kilometres south west of the Total-operated Laggan
discovery, which was successfully appraised in 2004.
'The reserves related to this discovery will be evaluated over the coming months
and strengthen the gas potential of the area near the Lagan discovery in the
West of Shetlands. This success illustrates Total's commitment to contribute to
the development of United Kingdom's oil and gas resources', declares
Yves-Louis Darricarrère, Total's President Exploration and Production.
Recent discoveries lifted the Group's proved and probable reserves in the UK to
over 1 billion barrels of oil equivalent end of 2006.
Total in the United Kingdom
Total E&P UK Limited is one of the leading oil and gas producers on the UK
Continental Shelf, with equity production of 280,000 barrels of oil equivalent
per day in 2006. Based in Aberdeen, Scotland, the company owns and operates a
cluster of fields in the Alwyn Area of the northern North Sea, the Elgin and
Franklin fields in the Central North Sea and the Otter field northeast of
Shetland. The Company also operates the St. Fergus gas terminal and a gas
transportation system, and has interests in a number of non-operated fields.
* * * * * *
Total is one of the world's major oil and gas groups, with activities in more
than 130 countries. Its 95,000 employees put their expertise to work in every
part of the industry - exploration and production of oil and natural gas,
refining and marketing, gas trading and electricity. Total is working to keep
the world supplied with energy, both today and tomorrow. The Group is also a
first rank player in chemicals. www.total.com
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