Offshore staff
KUALA LUMPUR, Malaysia — In its latest trading statement, Hibiscus Petroleum has issued an update on the proposed Teal West subsea tieback in the U.K. central North Sea.
The company’s U.K. subsidiary Anasuria Hibiscus (70%, operator) and NEO Energy (30%) were awarded Block 21/24d, license P2535 under Britain’s 32nd offshore licensing round. The block contains the Teal West discovery.
The base development plan calls for one oil producer to be drilled to the southeast of the structure, followed by a water injector on the western side 12-18 months later. Production would head 4 km to the Anasuria FPSO for processing of the well fluids and subsequent exported via the Anasuria infrastructure.
Discussions continue with gas pipeline owners to extend the scope of the current gas sales agreement for the fields in the Anasuria Cluster to include gas production from Teal West.
Hibiscus expects the plan to be submitted to the U.K. authorities shortly, with drilling starting in the second half of next year, followed by first oil in mid-2024.
At the Anasuria Cluster, performance continues to be affected by unavailability of a critical component of the subsea infrastructure, which malfunctioned last May, compounded by a well intervention program on the Guillemot A Field.
The component relates to a production riser that transports produced crude to the Anasuria FPSO. It is isolated from the primary production system until a replacement can be brought in.
05.26.2022
