ABERDEEN, UK — Dana Petroleum and partner NEO Energy have agreed to end production from the FPSO Western Isles in the UK northern North Sea by about the end of first-quarter 2024.
The company tied back the Barra South discovery to the platform last summer, but production has been below par.
Western Isles produces oil from the Barra and Harris oil fields in 165 m of water, at a location 165 km east of Shetland and 12 km west of the Tern Field, via subsea production and injection wells. Operations started in November 2017.
In the southern North Sea, Dana is a partner to Harbour Energy in the Tolmount area, where the Tolmount East development well should enter production toward the end of this year.
The company continues to pursue new opportunities in its existing UK portfolio and externally to sustain production levels, with drilling of the Earn and K2 exploration wells planned later in 2023.
An agreed sale of Dana’s Dutch interests to Waldorf fell through and was withdrawn earlier this year.