The letter acknowledges receipt of the Concept Select Report (CSR) submitted in accordance with the NSTA’s “Requirements for the planning of and consent to UKCS field developments guidance." The letter follows a review of the “Concept Select Report - P2607 Phase I Development Anning & Somerville,” submitted to the NSTA (announced on May 30) and indicates the finalization of the “Assessment Phase,” entry into the “Authorization Phase” and provides no objection to the company preparing a field development plan for the Anning and Somerville fields as described in the CSR.
The selected development concept submitted within the CSR consists of six production wells from two wireline capable normally unmanned installation platforms at Anning and Somerville, which have been classified to hold combined 2P reserves of 301.5 Bcf (52 MMboe) of gas following an independent technical and commercial audit by ERC Equipiose. These platforms will then connect via a subsea pipeline to third-party infrastructure for onward transportation and processing to entry into the UK gas transmission network.
Given the receipt of the letter from the NSTA, Hartshead now intends to progress its Phase 1 development through the FEED stage and submission of a field development plan prior to the final investment decision.