Ithaca clears Athena development hurdle

Ithaca Energy has won approval from Britain’s Department for Energy and Climate Change for its Athena oil field development plan.

Offshore staff

LONDON -- Ithaca Energy has won approval from Britain’s Department for Energy and Climate Change for its Athena oil field development plan. First production from the field, 180 km (112 mi) northeast of Aberdeen in the central North Sea, is scheduled for summer 2011 at a rate of 22,000 b/d.

The initial development involves four production wells supported by one water injector. Production will be routed to an FPSO on the field via a subsea manifold and a 2-km (1.2-mi), 8-in. (20.3-cm) flowline. Produced oil will be exported via shuttle tankers, with the gas used to generate power on the FPSO.

On Sept. 9, Ithaca awarded the drilling and FPSO contracts, and says that most main suppliers to the project have now been selected following a competitive bid process.

Ithaca operates Athena, in partnership with Dyas UK, EWE Aktiengesellschaft, and Zeus Petroleum.

09/21/2010

More in Field Development