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Premier Oil receives approval of its Catcher area Field Development Plan


Published Jun 13, 2014
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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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