• Short Summary

    Production at Britain's third North Sea oilfield began on Wednesday (18 February)
    The Auk filed is being jointly developed by the Shell and Esso oil companies and it differs greatly from Britain's two other major North Sea fields.

  • Description

    1.
    AV oil rig
    0.18

    2.
    SV engineer PAN to drill.
    0.24

    3.
    GV rig ZOOM into tanker hitched to buoy (2 shots)
    0.40

    4.
    AV cable linked to buoy
    0.48

    5.
    SV oil rig and CU drill (4 shots)
    1.09

    6.
    SCU flame ZOOM out to GV of rig
    1.15

    7.
    SV ZOOM out to GV tanker loading (2 shots)
    1.31


    Britain' third North Sea oil field began production n on Wednesday. The BBC's Michael Buerk reports.



    "The Auk A platform sits on top of 350 million gallons of oil. In North Sea terms, it's tiny. The field is gar to small to build a separate pipeline to carry the oil to shore, so 170 miles from the coast, the oil is being piped directly into tankers. The oil comes up from wells into the main production platform. It's monitored in a platform control room, as its pumped over a mile to a giant buoy, and the tanker that's hitched to it. Two fifty-thousand ton tankers will service the foil spending four or five days connected to the buoy before shipping the oil in relays to Teesport. The tanker method is convenient and by North Sea methods, cheap. Though cheap in this business means 6 million pounds for the boy alone. Bad weather and inflation have combined to triple the cost of developing the field in just four years. The original estimate was 17 million pounds, but with all the bills not yet paid, the final total will nearly reach 60 million. It's still commercially viable because the price of oil has risen in that time on the same scale. But the recent nibbling away at the world oil price is a worrying trend for the companies who have invested in Auk and the other North Sea fields. The first tanker that's been loading from Auk this week will discharge its load in Teesport in a few days time. It'll be the start of an annual production which, though modest in North Sea terms, will still show in our balance of payments a hundred million pounds a year."




    Initials RH/1525 RH/GB/MD/1550


    (ED's NOTE: This film is serviced with an English commentary by BBC reporter, Michael Buerk. A transcript appears overleaf).
    MICHAEL BUERK

    Script is copyright Reuters Limited. All rights reserved

    Background: Production at Britain's third North Sea oilfield began on Wednesday (18 February)
    The Auk filed is being jointly developed by the Shell and Esso oil companies and it differs greatly from Britain's two other major North Sea fields.

    For start the new field is comparatively small and its capacity hasn't warranted the building of a separate pipeline to pump the oil to shore.

    Two fifty-thousand ton tankers will be use to transport the crude 170 miles to shore, where it will be unloaded at Teesport on the Scottish coast.

    The Auk A platform sits on top of about 350 million gallons of oil... in North Sea terms, a tiny amount. But the companies believe it is still economically viable and will show a hundred million pound (sterling) difference in britain's balance of payments each year.

    Bad weather and inflation have combined to triple the coast of developing the field in the past four years. The original estimate was 17 million pounds sterling, but, with some bills still outstanding, the cost is now likely to reach the 60 million mark,
    The oil companies think the effort has been worthwhile...despite the constant worry of the recent slight declines in world oil prices.

  • Tags

  • Data

    Film ID:
    VLVA6N5KY32AFGAIGSPYF6ASKS7DI
    Media URN:
    VLVA6N5KY32AFGAIGSPYF6ASKS7DI
    Group:
    Reuters - Source to be Verified
    Archive:
    Reuters
    Issue Date:
    19/02/1976
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:01:31:00
    Time in/Out:
    /
    Canister:
    N/A

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