BP is to invest £420 million to developing two new North Sea oil fields which are expected to produce 30,000 barrels gross of oil equivalent a day at peak production.
Alligin and Vorlich are satellite fields located near to existing wells which means that they can be quickly developed through established offshore hubs.
Alligin, a two-well development west of Shetland, will be tied in to BP’s Glen Lyon floating production vessel.
Vorlich, also a two-well development in the central North Sea, will be tied in to Ithaca Energy’s Greater Stella Area production hub.
Both fields are expected to come on stream in 2020.
BP has awarded a major contract for the Alligin development to Subsea 7 to provide project management, engineering, procurement and construction services for the subsea pipelines. Subsea 7 will deliver the contract from its Aberdeen base with offshore activities expected to get under way in 2019.
Ariel Flores, BP’s North Sea Regional President said: “We are working hard to modernise and transform the way we work and a key focus of this is maintaining safety while optimising the pace at which we deliver activity.
“Through our Alligin and Vorlich developments we are simplifying and accelerating the stages of delivery to improve project cycle time, reduce costs and, importantly, add new production to our North Sea portfolio.
“These projects follow on from a period of record investment by BP in the North Sea which helped deliver our Quad 204 project last year and will deliver our Clair Ridge project which is planned to start-up later in 2018.
Alligin (BP 50% operator; Shell 50%) is a 20-million-barrel recoverable oil field in the Greater Schiehallion Area 80 miles west of Shetland.
Vorlich (BP 66% operator; Ithaca Energy 34%) will recover over 30-million-barrels of oil equivalent and is located 160 miles east of Aberdeen.
12 Apr 2018