Update on UKCS Field Development Projects - Intsok
Update on UKCS Field Development Projects - Intsok
Update on UKCS Field Development Projects - Intsok
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<strong>Field</strong> Sheryl<br />
Area Central North Sea<br />
Operator Sterling<br />
<strong>Development</strong> c<strong>on</strong>cept Subsea<br />
Transport c<strong>on</strong>cept 8km pipeline to Pict<br />
Start-up 2011/12<br />
Comments: According to Sterling, which last year took back the operatorship of Sheryl from<br />
Oilexco North Sea, development has been awaiting capacity in Petro-Canada’s Pict pipeline<br />
system. Pict, which lies about 8 km from Sheryl, is tied into Hess’s Trit<strong>on</strong> FPSO. A<br />
debottlenecking project <strong>on</strong> Trit<strong>on</strong>, including an increase in the capacity of pipelines linking<br />
Petro-Canada’s fields to the FPSO, is due to be implemented this year, which will perhaps<br />
open the way for Sheryl. Other offtake opti<strong>on</strong>s will be investigated, according to Sterling,<br />
though apart from other points of entry into the Trit<strong>on</strong> infrastructure, there is nothing else<br />
nearby. Reserves are understood to be around 3m bbl, so the field could benefit from the tax<br />
break for marginal fields announced in the 2009 budget. Oilexco’s 65% stake is now held by<br />
Premier, which has agreed to sell it to Canadian independent Velo Energy. DECC has now<br />
given Velo, which is headed by the former head of Oilexco, permissi<strong>on</strong> to become a n<strong>on</strong><br />
operating partner in UK licences.<br />
<strong>Field</strong> Thoresby<br />
Area Southern North Sea<br />
Operator Hansa<br />
<strong>Development</strong> c<strong>on</strong>cept Subsea<br />
Transport c<strong>on</strong>cept 12-35km pipeline to Waveney, Lancelot or Amethyst<br />
Start-up 2011/12<br />
Comments: Hansa has acquired Serica’s interest in the Thoresby gas field, formerly known as<br />
Chablis, al<strong>on</strong>g with the operatorship. Subsurface studies are under way – Gardline has<br />
acquired high-resoluti<strong>on</strong> 2D seismic data and this, al<strong>on</strong>g with exiting 3D data, is being<br />
reprocessed to provide better understanding of the extent of the gas accumulati<strong>on</strong>s. CSL is<br />
assisting with c<strong>on</strong>cept selecti<strong>on</strong>. <strong>Development</strong> will involve a subsea tieback, either to an entry<br />
point into Perenco’s Lancelot pipeline system or to BP’s Amethyst – the Waveney platform lies<br />
some 12 km to the east and Lancelot 18 km to the north-east, while Amethyst is about 35 km<br />
to the north-west. A development decisi<strong>on</strong> is expected this summer. There is a small chance<br />
start-up could be achieved in late 2011, but 2012 is more likely.<br />
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