Hartshead Resources NL has submitted a new development programme with lower costs for the Anning and Somerville gas joint venture within P2607 in the UK southern North Sea.
FUNDING
Each field will retain an unmanned production platform and three production wells.
Changes include the export of gas from Somerville through a 24 inch pipeline to the Saturn Banks pipeline system, owned by CalEnergy Resources, and onwards to the Perenco-owned and operated Bacton Terminal.
Hartshead said that the large diameter of the pipeline to shore would result in “high and accelerated” production with “simple and low risk” tie-in to third-party infrastructure.
Reduced capital expenditure could result from current “advanced” discussions for 100% funding for the extension of the existing Saturn Banks pipeline to the Anning – Somerville development area.
The re-use of other existing infrastructure, such as re-purposing of an existing production platform included in the discussions, could also lower costs.
Partners Hartshead with 40% and RockRose with 60% have 90 days to consider the programme and budget before reaching a decision.
Hartshead has also submitted an addendum to the 2022 concept select report to the North Sea Transition Authority to include the CalEnergy offtake route from both fields.