Zennor Petroleum Limited (“Zennor”), through its subsidiary Zennor Pathway Limited, is currently developing the 100% owned Finlaggan field in the UK Central North Sea (block 21/05c and 21/05d, Licence P2013). The development project is targeting 30mmboe of gas condensate reserves from two subsea production wells tied back 20km to the Britannia platform.
Zennor is pleased to report successful completion of drilling and testing operations. The Finlaggan production wells (F1 and F2) each flowed more than 12,000 boepd, with rates being constrained by the surface facilities. Both wells also produced at significantly higher than expected flowing well head pressures, highlighting the quality of the reservoir sections in the completed wells. The Transocean drilling rig Paul B Loyd Junior has left the Finlaggan location and has been demobilised to Invergordon. The conclusion of these offshore works represents a key step in de-risking the Finlaggan development and delivering first production in Q4 2020 as planned.
Subsea Facilities update
Zennor is also pleased to announce that construction work on the 20km subsea pipe-in-pipe system and the electrohydraulic control umbilical is proceeding on schedule for installation in Q3 2019. The primary contractor TechnipFMC and their key subcontractors are making excellent progress towards this next major project milestone.
Martin Rowe, Zennor’s Managing Director, said:
“All of our teams continue to work exceptionally hard, alongside our main contractors, to deliver the Finlaggan project safely as planned and their progress and achievements to date talk to their skill and dedication. With the drilling and completion phase behind us we are now fully focussed on the Summer 2019 subsea installation programme which will take us another step closer to realising first production from Finlaggan next year.”
For all media enquiries, please contact:
Ben Brewerton / Sara Powell, FTI Consulting
Tel: +44 (0) 203 727 1000