IOG has resumed gas production from its Saturn Banks complex in the U.K. southern North Sea at an initial rate of 30 MMcf/d.
Courtesy IOG April 2022 Investor Presentation
In the second quarter of this year, IOG plans to continue Blythe/Elgood production.
Offshore staff
LONDON – IOG has resumed gas production from its Saturn Banks complex in the U.K. southern North Sea at an initial rate of 30 MMcf/d.
Courtesy IOG April 2022 Investor Presentation
Saturn Banks Phase 1 included first gas delivered from Elgood and Blythe in mid-March 2022.
Last week, Perenco UK, operator of the Bacton terminal in Norfolk, shut the production down following identification of a drainage system issue in the two recycle compressors of the terminal condensate stabilization unit.
Courtesy IOG April 2022 Investor Presentation
Modification work has led to one of the compressors returning to service, with the second due to come back online within a week. This should allow Saturn Banks production to return to stabilized levels of 55 MMscf/d to 65 MMscf/d over the next few weeks, under a gradual process to manage the high levels of liquids currently being worked through the Saturn Banks pipeline system.
