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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 />

> 12

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