§ Mr. Skeetasked the Secretary of State for Energy what are the proved reserves of the Statfjord Field, the projected annual production of the field, and the estimated life of the field.
§ Dr. J. Dickson MabonThe Statfjord Field is a cross-median field which straddles the United Kingdom-Norwegian boundary line. The major part of the field lies in the Norwegian sector. A published report from the Norwegian 633W Ministry of Industry to the Storting estimates that recoverable reserves for the field as a whole amount to 510 million tons of oil and that approximately 1,000 billion cubic metres of gas will be available for sale. We have not yet confirmed these figures, but in the meantime negotiations for apportionment of reserves between the United Kingdom and Norwegian sectors of the Continental Shelf are proceeding. It is likely that production will continue for 20–25 years.