Harbour starts up North Sea Tolmount gas facilities, assessing Tuna project offshore Indonesia

May 11, 2022
Harbour Energy anticipates total capex this year for its global E&P and offshore operations (including decommissioning) of $1.3 billion, about 40% up on 2021.

Offshore staff

LONDON — Harbour Energy anticipates total capex this year for its global E&P and offshore operations (including decommissioning) of $1.3 billion, about 40% up on 2021.

Its full-year production target is in the range 195,000 to 210,000 boe/d.

Global projects

Offshore Indonesia the company is assessing results from its 2021 Tuna appraisal campaign and finalizing the development concept ahead of submitting an initial proposal later this year.

Earlier this month, the company and partners bp and Mubadala spud the Timpan-1 exploration well on the offshore Andaman II license.

In the U.K. central North Sea, Harbour brought the Jade South well onstream at J-Area in January and, more recently, tied in the LAD well for production at Everest at the AELE hub.

Last month the Tolmount Field in the southern North Sea produced first gas and is ramping up to plateau rates.

Globally, the company plans more than 20 further development and infill wells plus various well interventions this year. The program includes three wells at the Catcher Area in the U.K. central North Sea (drilling started in March); two J-Area development wells where drilling is also underway; and drilling campaigns at Chim Sao offshore Vietnam) and Natuna Sea Block A off Indonesia.

Work on the Zama project offshore Mexico continues to progress. The Zama Unit partners are working to finalize a unit development plan ahead of a possible final investment decision in 2023.

Carbon capture and storage

Harbour also has involvement in two early-stage U.K. carbon capture and storage projects, V Net Zero and Acorn: the transportation and storage capacity for V Net Zero project is above 10 MM metric tons/year.

During the first quarter, the company awarded Kent the pre-FEED design contract for the V Net Zero pipeline systems. Subject to clarity from the U.K. government on inclusion of the project in its Track 2 support program, Harbour aims to reach a final investment decision in 2024 with first CO2 injection by 2027.

As for the Acorn project, which was awarded Track 1 Reserve status last year, Shell has been appointed technical developer for the capture module and the transportation and storage module of up to 9 MM metric tons annually of CO2.

05.11.2022