29th Mar 2006 11:00
Total S.A.29 March 2006 UK North Sea: Glenelg field starts up Paris, March 29, 2006 - Total announces the start of production of theGlenelg gas and condensates field, located 240 kilometres east of Aberdeen in a water depth of about 100 metres. The Glenelg development has been a technical challenge for Total. The Groupmanaged to successfully drill a highly deviated well of 7300 metres in lengthfrom the Elgin platform. The well reached its target at a depth of 5600 metresbelow sea level in a very high temperature and high pressure reservoir (200degrees Celsius and 1150 bars). This well has a production potential of about 30,000 barrels of oil equivalentper day. The production from Glenelg will be processed and exported through the existing Elgin-Franklin facilities and will contribute to extend their gasproduction plateau at a level of 15.5 million cubic metres per day (around 550 million cubic feet per day). Total, Operator with a 49.47% interest, is partnered in Glenelg with E.ON Ruhrgas (18.57%), BG International (14.7%), GDF (9.26%) and Eni (8%). The Glenelg success illustrates the willingness of the Group to deploy itstechnical expertise to valorise, through innovative projects, hydrocarbonreserves which were not developable up to now. Total is the fourth largest oil and gas company in the world with operations inmore than 130 countries. Total's activities cover the whole energy chain of thepetroleum industry: exploration, oil and gas production, refining and marketing,trading and power generation. The Group is also a major player in chemicals.Total has more than 111,000 employees worldwide. More information can be foundon the company's website: www.total.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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