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Home›Infrastructure›Tailwind produces first oil from UK North Sea redevelopment
Infrastructure

December 10, 2018 · about 7 years ago

Tailwind produces first oil from UK North Sea redevelopment

Tailwind Energy has announced first oil from its 100% owned Gannet E redevelopment to the Triton FPSO located offshore the UK.

2 minutes read
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New UK player Tailwind Energy has announced first oil from its 100% owned Gannet E redevelopment to the Triton FPSO located offshore the UK.

The Triton Cluster is located in the UK Central North Sea 190km east of Aberdeen.

The Gannet E field is operated by Tailwind with Dana as the pipeline & facility operator and Petrofac as the well operator.

The subsea tieback project was completed in September 2018 with first oil delivered on budget and on schedule, Tailwind informed on Sunday, December 9.

According to the company, all three wells are producing higher than expectation providing a combined rate of ca.10kbbl/d.

Across its portfolio, Tailwind will exit the year producing in excess of 20kbbl/d net to the company.

Tailwind entered into an agreement with Shell and ExxonMobil to acquire their interests in the Triton Cluster in December 2017. Before the sale, Shell had a 26.42% interest in the Triton FPSO, Exxon had a 20%, and Endeavour Energy still has a 1.614% interest. The transaction was completed in September 2018.

The Triton Area consists of six producing oil fields developed via common infrastructure in the UK Central North Sea.

The six fields producing oil and gas via the Triton FPSO are Bittern, Guillemot West, Guillemot Northwest, Clapham, Pict and Saxon. Dana Petroleum and Endeavour Energy are Tailwind’s partners in the Triton cluster. Dana currently operates the Triton FPSO along with the Clapham, Saxon, Pict and Guillemot West fields.

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