IOG plc today confirmed first gas delivery on 12 June from the Blythe H2 development well into the Saturn Banks reception facilities and Bacton terminal. RATES The H2 well was brought onstream in three months and one week from spud date despite delays. The maximum well test dry gas rate is 22.8 mmscf/d and 280-336 […]
Tag: Bacton gas terminal
IOG shuts in Blythe-Elgood over drainage concerns
IOG plc said that production at Blythe and Elgood has been shut in over safety concerns in the drainage system at Bacton gas terminal’s condensate stabilisation unit (CSU). SBRF The company added that over the past month, Blythe and Elgood hydrocarbon liquids (condensate) flowing into the Saturn Banks reception facilities (SBRF) slugcatcher had fluctuated considerably, […]
IOG phase I capex to rise on slow progress at Bacton
IOG plc said it anticipated increased Phase I overspend of 20-25% as the company reported slower than expected progress at Bacton gas terminal. EXPENDITURE IOG previously indicated that the gross “outturn” total Phase I capital expenditure was anticipated to exceed the original £305.5 million field development plan (FDP) budget by up to 10%. The company […]