TAQA produces 3,500 bpd
of oil from Rijn field

Abu Dhabi National Energy Company PJSC or TAQA has successfully restarted the crude oil production from the Rijn field offshore the Netherlands, 12 years after being 
shut down. Abu Dhabi-based TAQA applied recent advances in technology to create the restart option in the Rijn field, which it acquired in 2007.

By Haseeb Haider

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Published: Thu 25 Nov 2010, 11:46 PM

Last updated: Mon 6 Apr 2015, 11:34 AM

The project involved work-overs on five oil producing wells, five water injection wells and an upgrade of the TAQA-operated P15-C offshore facilities. All produced water is now re-injected into the reservoir and production is enhanced with newly installed Electrical Submersible Pumps (ESPs), the energy company said in a regulatory filing to Abu Dhabi Securities Exchange.

Jan Willem van Hoogstraten, Managing Director of TAQA Energy said the firm has successfully restarted oil production from Rijn 25 years after the first start-up in 1985 and in less than four years after acquiring the asset. “This has been an excellent demonstration of our expertise in using new technology to develop mature upstream assets, and a story of initiative, innovation and teamwork that underlies what can be achieved.” The support of our partners was very important in initialising the Rijn redevelopment and unlocking good quality Rijn oil reserves,” he added.

TAQA has a 38.27 per cent operating interest in the Rijn field. The field is situated in Block P15, 40 kilometres northwest of the Port of Rotterdam in 25 metres of water. The Rijn wells are connected to the TAQA-operated P15-ACD offshore production and processing facilities. Crude oil production is exported to the Port of Rotterdam via pipeline. The current production from the Rijn field is approximately 3,500 barrels of oil per day. Other partners in the project are Dyas BV, 45.69 per cent; Oranje Nassau Energie BV 14.19 per cent and Wintershall Noordzee BV 1.84 per cent. Abu Dhabi National Energy Company’s third quarter net profit of Dh218 million due to higher oil prices and increased output. Total revenues for the third quarter were Dh5.2 billion in 2010, 33 per cent higher year-on-year, due to a large increase in revenues and supplemental fuel income. —haseeb@khaleejtimes.com

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