Installation of New 10,500-ton Montrose Platform will Extend Life of 40-year old N. Sea Oil Field to 2030
The Montrose Area Redevelopment (MAR) in the UK North Sea has reached a major milestone with the successful installation of the new Montrose Bridge Linked Platform.
The 10,500 tonnes topsides was placed on the jacket by the SSCV Thialf crane vessel, marking the next phase of a project that will unlock an additional 100 million boe of reserves and extend the life of the Montrose field to beyond 2030.
Installation of the topsides was followed by installation of the bridge linking it to the Montrose Alpha platform, and of the flare boom. Work will now start on the commissioning of the plant and integration of the wells, with first production from the Shaw field expected during the first quarter of 2017.
Bill Dunnett, Managing Director, Repsol Sinopec Resources, said: “This is a major step forward for this project and a tangible demonstration of the long term commitment of our shareholders – Repsol and Sinopec – and partner, Marubeni, to the North Sea.
“This is a completely new facility in our core infrastructure and will be a game-changer for this business. The Montrose area redevelopment project adds significant production and maximises economic recovery from these historic assets.”
Dr Andy Samuel, Chief Executive of the British oil and gas regulator, OGA – the top British civil servant tasked with maximising economic recovery from the North Sea – commented: “We’re very pleased to see this important milestone in the redevelopment of the Montrose Area, which adds new fields and significant reserves, and also maximises economic recovery and extends the life of the existing fields.”
The Montrose redevelopment is a major capital project that sees significant modification and expansion of the existing infrastructure, including the development of three new fields – Godwin, Cayley and Shaw.
The new bridge-linked platform will be connected to the Montrose Alpha platform – which, at 40 years of age is one of the oldest in the North Sea – to provide additional process and plant support facilities. Gross incremental production is expected to peak at up to 40,000 boe per day.
Repsol Sinopec Resources UK Ltd (Talisman Sinopec Energy UK Ltd) is the operator with a working interest of 58.97%, and Marubeni Oil & Gas (U.K.) Limited is the sole partner.
The topside platform was built at Heerema’s yard in the Netherlands. The Montrose field redevelopment has created and/or maintained more than 2,000 skilled jobs in the UK and Europe.
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