ABERDEEN, UK -- TAQA Bratani is marking its first anniversary today as duty holder the Cormorant Alpha, North Cormorant, Tern, and Eider production centers in the UK northern North Sea.
Leo Koot, managing director, said: “In just one year, we have increased production from our assets by almost 40%, from 25,000 b/d of oil in September 2009 to … average production output of more than 40,000 b/d in the first quarter of 2010.”
This follows a capital investment program of $430 million.
“Our first year objectives as duty holder focused on ensuring platform and well integrity, breaking the production decline and improving efficiency of the assets…,” said Koot.
“To optimize the output from our UK North Sea assets, we have reactivated the drilling rigs on North Cormorant and Tern. The first drilling campaign in the North Cormorant field was completed recently, drilling five successful wells.
“In addition, we are at the final stages of a mobile drilling campaign with the Stena Spey, which discovered commercial volumes in the new Falcon field and drilled two infill wells in the Pelican field.”
TAQA has also explored and appraised the Falcon oil field, and plans a subsea tieback to the Tern platform which should be in production towards the end of 2011.”
TAQA ramps up output from UK fields
TAQA Bratani is marking its first anniversary today as duty holder the Cormorant Alpha, North Cormorant, Tern, and Eider production centers in the UK northern North Sea.