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Wednesday, September 10, 2008

Sakhalin II marks 10 offshore years, 100MM bbls

Moliqpaq Sakhalin II Piltun-AstokhksoyeSept 5, 2008 - Scan Oil&Gas - Russia’s first offshore ice-class oil platform off Sakhalin Island has now logged 100 million barrels of seasonal oil production, Sakhalin Energy reported Friday. By year-end 2008, the seasonally producing oil platform Molikpaq — once a Beaufort Sea drill rig — becomes a year-round producer for Gazprom and Shell’s Sakhalin II Project. First light, sweet oil came in July 1999 from the Vityaz platform and shipments to Japan, Korea and the U.S. West Coast have continued since. This year marks 10 years since the rig was upgraded with skirts to become a production platform also known as Piltun-Astokhskoye A. Piltun-Astokhskoye B is a purpose-built gravity base platform in the same area of Sakhalin Island’s Piltun Bay.

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