Annual Report 2005 (6 MB) - Lundin Petroleum
Annual Report 2005 (6 MB) - Lundin Petroleum
Annual Report 2005 (6 MB) - Lundin Petroleum
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OPERATIONS REVIEW<br />
Solan/<br />
Strathmore<br />
Orkney<br />
SCOTLAND<br />
Heather platform<br />
Shetland<br />
Thistle/<br />
Deveron<br />
211/28b<br />
Heather/<br />
Broom 3/1b<br />
9/10c<br />
9/14c&15c<br />
North Sea<br />
UNITED KINGDOM<br />
<strong>Lundin</strong> <strong>Petroleum</strong> has working interests in four production and fi ve exploration<br />
licences in the northern sector of the United Kingdom Continental Shelf<br />
(UKCS). The major operated assets include three mature producing fi elds,<br />
Thistle and Heather, and the Broom fi eld which was brought on stream by<br />
<strong>Lundin</strong> <strong>Petroleum</strong> in 2004 with production in excess of 25,000 bopd (gross).<br />
To optimise the production on Heather and Thistle a variety of techniques have<br />
been used including workovers, artifi cial lift, water injection, development<br />
drilling programmes and maintenance of the topsides facilities.<br />
The discovery and development of new accumulations near existing fi elds is<br />
an important stage in the life of a mature hydrocarbon province such as the<br />
UKCS.<br />
The Broom fi eld, which comprises two accumulations, West Heather and North<br />
Terrace, is an example of what impact new discoveries in the vicinity of old<br />
fi elds can have. The Broom Phase 2 was successfully completed during <strong>2005</strong><br />
increasing the production from the Heather complex. The Broom fi eld will<br />
extend the life of the Heather fi eld and provide substantial production and<br />
reserves of its own via a sub-sea tie back to the Heather platform.<br />
Reserves 54.1 MMboe<br />
<strong>2005</strong> average net production: 20,170 boepd<br />
<strong>2005</strong> highlights<br />
■ Completion of Broom Phase 2 with a sidetrack of the original discovery<br />
well to a new up-dip location on West Heather and the fi rst production<br />
well on North Terrace. Production from the West Heather well commenced<br />
in August <strong>2005</strong> and from the North Terrace well in October <strong>2005</strong>.<br />
■ Outsourced platform operations for both the Heather and Thistle<br />
installations with eff ect from 1 May <strong>2005</strong>.<br />
■ Thistle shutdown to ensure facilities are fi t for purpose for ongoing<br />
operations.<br />
■ Completed third Thistle water injection well workover.<br />
■ Awarded 3 exploration blocks in the 23rd licencing round.<br />
2006 work programme<br />
■ Complete reactivation of Heather drilling rig and carry out 2 well workovers<br />
and drill the fi rst development well of the underlying Triassic reservoir.<br />
■ Acquire 3D seismic over the greater Heather area.<br />
■ Increase produced water handling capacity on both Heather and Thistle<br />
fi elds.<br />
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