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Random information on the term “FLAGS”:
The Cormorant oilfield is located 161 kilometres (100 mi) north east of Lerwick, Shetland, Scotland, in block number 211/26a. It was discovered in September 1972 at a depth of 150 metres (490 ft). Estimated recovery is 90 million barrels (14×10^6 m3) of oil. The oil reservoir is located at a depth of 2,895 metres (9,498 ft).
Originally, it was operated by Shell and licensed to Shell/Esso. On 7 July 2008, it was purchased by Abu Dhabi National Energy Company.
Production started in December 1979 from the Cormorant Alpha platform. This platform is a concrete gravity platform of the Sea Tank Co type. It has four legs and storage capacity for 1 million barrels (160,000 m3) of oil. The total sub-structure weight is 294,655 tonnes and it is designed to carry a topsides weight of 32,350 tonnes.
The topsides facilities included capability to drill, produce, meter and pump oil. It also has capability to re-inject water to maintain reservoir pressure. Peak production was 24,000 barrels per day (3,800 m3/d) in 1979. The platform is also the starting point for the Brent System pipeline, a major communications centre and the location of Brent Log – air traffic control for Northern North Sea helicopter traffic.