Offshore staff
LONDON — Shell UK has taken FID on the Victory gas field development 47 km northwest of the Shetland Islands.
It plans a single subsea well tied back to infrastructure serving the TotalEnergies-operated Greater Laggan Area transportation system via a new 16-km subsea pipeline.
Shell expects production to start in the mid-2020s and peak at about 150 MMcf/d, with most of the recoverable gas likely extracted by the end of the decade.
Victory’s gas will head to the Shetland Gas Plant for processing before continuing through offshore pipelines in the North Sea to the National Grid entry point at St Fergus, close to Aberdeen. Here, the company also is working on the Acorn Carbon Capture and Storage project.
Shell completed acquisition of a 100% interest in Corallian Energy in November 2022, giving it ownership of the P2596 Victory license. Texaco discovered the field in 1977, with a Shell-operated group acquiring 3D seismic over the area in 1996.
01.18.2024