Spirit extending life of North Sea Chestnut oil field

Spirit Energy has commissioned a new well at the Chestnut field in the UK central North Sea.

Spirit has extended the contract for Teekay’s circular FPSO Hummingbird Spirit at the Chestnut oil field in the UK central North Sea to 2023.
Spirit has extended the contract for Teekay’s circular FPSO Hummingbird Spirit at the Chestnut oil field in the UK central North Sea to 2023.
(Courtesy Spirit Energy)

Offshore staff

ABERDEEN, UKSpirit Energy has commissioned a new well at the Chestnut field in the UK central North Sea.

The fourth production well is due to be spud before year-end and come onstream, and should extend the field’s productive life by up to three further years. The previous producer was drilled in 2017.

Chestnut, which came onstream a decade back, was initially expected to produce 7 MMbbl of oil over a two-year period, but following additional investments by operator Spirit and partner Dana Petroleum, the field has since delivered more than 24 MMbbl.

Spirit has also extended the contract for Teekay’s circular FPSO Hummingbird Spirit at Chestnut to 2023. The vessel can store up to 200,000 bbl of oil.

Neil McCulloch, the company’s executive vice president Technical & Operated Assets, said: “Over time and with new technology we have understood more about the properties of the Chestnut reservoir.

“Rather than rest on our laurels, I am proud that we have gone further and secured the future for the offshore crews while extending the life of an important field for us. This is a good example of MER UK in practice and an asset being in the right hands.”

10/11/2019

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