Oil production has begun in the UK North Sea at Golden Eagle Development (GEAD) with an expected 70,000 barrels to be produced daily.
The development currently has two wells to create a total of 18,000 barrels a day with this expected to rise to 15 wells and six water injection wells creating a total of 70,000 barrels by 2015.
18 years of oil
It has been predicted by Nexen that 140 million barrels of oil will be recovered from the project over an 18 year period. The project currently includes: Golden Eagle, Peregrine and Solitaire and is located 70km from North East Aberdeen, Scotland.
The fields are located in blocks: 20/1, 20/1N and 14/26a of the UK North Sea with a water depth from 89 metres.
The GEAD project was approved by the UK Department of Energy and Climate Change in October 2011.
The wholly owned Chinese subsidiary of offshore oil, Nexen (CNOOC) currently has 36.54% interest in the project. Other interests are held by:
- Maersk Oil North Sea UK - 31.56%
- Suncor Energy UK - 26.69%
- Edinburgh oil and Gas - 5.21%
The platform used for the GEAD project will include facilities for processing hydrocarbon fluids, utility systems and an accommodation module. The topsides of the platform will be supported by the use of a four legged jacket weighing around 6000 tonnes and the desk will also be used to accommodate 140 workers with living quarter’s onsite.
The Golden Eagle Development project has currently been delivered both on schedule and within budget leading it to be a huge success so far. The project has also created a large number of jobs with Li Fanrong, Chief Executive of CNOOC, saying, "The GEAD supported in excess of 2,500 jobs in the UK and makes a significant production contribution to the company in the near future."
Martin Rune Pedersen, Managing Director of Maersk Oil UK also commented, "A project of this scale is important for the UK North Sea and for Maersk Oil - to deliver it safely, on time and on budget is an excellent performance."
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