Unlocking Value Potential
The Company’s focus is to increase reserves and develop low cost, stable production. Point Resources will seek to secure optimal production from each of its producing fields to unlock the value potential of the assets. This will be achieved by increasing recovery rates through EOR and improvements in drilling efficiency. Infill drilling, near field exploration and adjacent field developments will all be targeted to add to reserves.
Snorre Field
North Sea – PL057
Tampen Area
Location:
Tampen Area, Northern North Sea
Water Depth:
300-350 metres
Discovery well:
34/4-1
Production commenced:
August 1992
Brage Field
North Sea - PL053B, PL055/B/D, PL185
Horda Area
Location:
Horda Area, 120 km northwest of Bergen
Water Depth:
140 metres
Discovery well:
31/4-3
Production commenced:
September 1993
Hyme Field
Norwegian Sea – PL348/B/C
Halten Area
Location:
Halten Area, between Draugen and Njord Fields.
Water Depth:
250 metres
Discovery well:
6407/8-5 S
Production commenced:
March 2013
Production suspended:
June 2016
Bøyla Field
North Sea – PL340/BS
Viking Graben Area
Location:
Viking Graben Area, northern North Sea
Water Depth:
120 metres
Discovery well:
24/9-9 S
Production commenced:
January 2015