Premier Oil receives approval of its Catcher area Field Development Plan (Scandinavian Oil-Gas Magazine)

Premier Oil receives approval of its Catcher area Field Development Plan

Published Jun 13, 2014

Premier Oil plc (Premier) has received approval of its Catcher area Field Development Plan (FDP) from the UK Department of Energy and Climate Change.

The Premier-operated Catcher area, located in the UK Central North Sea, is expected to produce 96 million barrels of oil equivalent with a peak production rate of around 50,000 barrels of oil per day.

The project will entail the drilling of 22 subsea wells (14 producers and 8 water injectors) on the Catcher, Varadero and Burgman fields which will be tied back to a leased FPSO. The oil will be offloaded by tankers while the gas will be exported through the SEGAL facilities.

Tags: Premier Oil

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