Offshore staff
LONDON — EnQuest projects net production this year from its fields in the UK North Sea and offshore Peninsular Malaysia in the range 41,000 boe/d to 45,000 boe/d.
The company plans drilling campaigns at Magnus, PM8/Seligi and Golden Eagle (operated by CNOOC). Maintenance activities will include two 10-day periods of single train operations at Kraken in the northern North Sea, and 21-day and 10-day shutdowns at Magnus and GK, respectively.
The two-well program at Magnus is due to start in the second half of the year, following a five-yearly platform rig recertification. At Golden Eagle, two further HDJU wells are planned.
In addition, EnQuest’s midstream team is progressing a program to reduce emissions from its Sullom Voe Terminal (SVT) on Shetland by about 90%.
The company has budgeted about $70 million this year for UK offshore decommissioning, largely reflecting the final phase of P&A programs at the Heather/Broom and Thistle/Deveron fields and preparations for removal of the topsides production facilities.
From April 1, 2025, the Kraken FPSO lease rate will come down by about 70% and projects at SVT should deliver substantial operating cost and emission savings from 2026 onward.
04.03.2024
