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CNNMoney: Shell: Ormen Lange Gas Outage Continues, Testing Ongoing

December 05, 2007: 05:21 AM EST

OSLO -(Dow Jones)- An outage at Ormen Lange gas field in Norway continues as testing on compressors is ongoing after a fault was detected, a spokesman for operator Royal Dutch Shell PLC (RDSA) said Wednesday, taking the giant gas producer into its sixth day of outage.

Shell spokeswoman Lillian Aasheim said compressors at Ormen Lange’s onshore processing plant at Nyhamna are still being tested following repairs to correct leakages which occurred Nov. 30.

The field currently has three wells in operation, each with a maximum capacity of 10 million cubic meters a day. Gas flows through the northern spur of the Langeled pipeline to Sleipner gas processing hub in the North Sea and on from there to either European gas markets or to the U.K. through the southern leg of Langeled.

U.K.-based gas traders said Langeled flows had stepped up Wednesday morning, leading some to think Ormen Lange might have come back on, or at least flowing hearty test volumes through the pipe.

Shell took over the operatorship of Ormen Lange Dec. 1 from StatoilHydro ASA ( STO), which has a near 30% stake in the field. Shell owns 17% of the field, Petoro 36%, Denmark’s DONG 10% and ExxonMobil (XOM) 7%.

Company Web site: http://www.shell.com

-By Elizabeth Cowley, Dow Jones Newswires; +47 99 55 86 01; [email protected] dowjones.com

  (END) Dow Jones Newswires
  12-05-07 0521ET
  Copyright (c) 2007 Dow Jones & Company, Inc.

http://money.cnn.com/news/newsfeeds/articles/djf500/200712050521DOWJONESDJONLINE000437_FORTUNE5.htm

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