Difference between revisions of "Victory Gas Field"
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Abarrelfull (talk | contribs) (Created page with "=== Summary Information === * Operator: * Country: * Location: * Production start: * Partners: * Type: Oil / Gas * Estimated Reserves: * Production Volume: === Descrip...") |
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=== Summary Information === | === Summary Information === | ||
| − | * Operator: | + | * Operator: Shell |
| − | * Country: | + | * Country: UK |
| − | * Location: | + | * Location: 47 km north-west of the Shetland Islands |
| − | * Production start: | + | * Production start: target 2025/2026 |
* Partners: | * Partners: | ||
| − | * Type: | + | * Type: Gas |
* Estimated Reserves: | * Estimated Reserves: | ||
* Production Volume: | * Production Volume: | ||
=== Description === | === Description === | ||
| − | * | + | * The development will feature a single subsea well which will be tied back to existing infrastructure of the Greater Laggan Area system, using a new 16 km pipeline. |
| + | * It is anticipated the Victory field will come online in the middle of the decade and at its peak, produce around 150 million standard cubic feet per day of gas (approximately 25,000 barrels of oil equivalent per day) | ||
| + | * Victory’s gas will be processed onshore at the Shetland Gas Plant before being piped to the UK mainland to enter the National Grid at St Fergus | ||
=== Contractors === | === Contractors === | ||
| Line 16: | Line 18: | ||
=== History === | === History === | ||
| − | * | + | * 2021 - Reabold resources increased its stake |
| + | * 2022 - Shell acquired Corallian, from Reabold becoming operator | ||
| + | * 2024 - Shell made the Final Investment Decision following approvals | ||
| + | |||
=== Geology === | === Geology === | ||
| Line 22: | Line 27: | ||
=== Links === | === Links === | ||
| − | # | + | # [https://abarrelfull.blogspot.com/2024/01/conditional-offer-to-acquire-up-to.html Conditional offer to acquire up to an additional 13.12% of Corallian Energy Limited and Victory Operational Update] |
| + | # [https://a-barrel-full.blogspot.com/2024/01/shell-invests-in-victory-gas-field-in.html Shell invests in the Victory gas field in the UK North Sea] | ||
| + | # [https://a-barrel-full.blogspot.com/2024/01/reabold-resources-plc-notification-of.html Reabold Resources plc - Notification of final tranche of payment from Shell] | ||
Latest revision as of 16:45, 21 January 2024
Summary Information
- Operator: Shell
- Country: UK
- Location: 47 km north-west of the Shetland Islands
- Production start: target 2025/2026
- Partners:
- Type: Gas
- Estimated Reserves:
- Production Volume:
Description
- The development will feature a single subsea well which will be tied back to existing infrastructure of the Greater Laggan Area system, using a new 16 km pipeline.
- It is anticipated the Victory field will come online in the middle of the decade and at its peak, produce around 150 million standard cubic feet per day of gas (approximately 25,000 barrels of oil equivalent per day)
- Victory’s gas will be processed onshore at the Shetland Gas Plant before being piped to the UK mainland to enter the National Grid at St Fergus
Contractors
- -
History
- 2021 - Reabold resources increased its stake
- 2022 - Shell acquired Corallian, from Reabold becoming operator
- 2024 - Shell made the Final Investment Decision following approvals
