Aoka Mizu FPSO Hooks Up to Lancaster Field

Tuesday, March 19, 2019

Hurricane Energy's floating production, storage and offloading (FPSO) vessel has been connected to the group's North Sea Lancaster oilfield, another milestone for the group as it seeks to extract so-called fractured basement oil in Britain.

Hurricane specializes in recovering oil from fractures in hard and brittle rock known as fractured basement reservoirs, which some see as a risky way to obtain crude.

"The Aoka Mizu FPSO arrived at the Lancaster field on 17 March 2019 and successfully hooked up to the turret mooring system buoy on the morning of 19 March 2019. The vessel is now on station and securely moored," Hurricane said.

A rope getting snagged in January had delayed progress.

Hurricane has targeted first oil from its Greater Lancaster Area (GLA) project, west of Scotland's Shetland Islands, in the first half of 2019. Any progress towards that is closely watched by the market.

"After first oil, Hurricane anticipates a gradual ramp-up of production towards its planned average plateau rate of 17,000 barrel of oil per day."

There is currently no fractured basin field in production in Britain. Lundin Petroleum in August announced good productivity from a fractured reservoir in the Norwegian North Sea.

Together with its Greater Warwick Area (GWA) project, Hurricane aims to add net reserves of 750 million barrels to its portfolio.


(Reporting by Shadia Nasralla, editing by Louise Heavens)

Categories: Energy Vessels Activity FPSO Europe Oil Production Floating Production

Related Stories

Hormuz Standoff Risks Chronic Instability for Gulf Oil Flows

Oil Surges 3% on Renewed US-Iran Strikes

MODEC Advances Construction of Brazil-Bound Gato do Mato FPSO

Sunda Reviews Timor-Leste Appraisal Plans as New Zealand Deal Advances

ONGC Expands BP Partnership with Western Offshore Basin Services Contract

Iran War Sparks Global Rush to Build Strategic Oil Reserves

IEA Expects Gradual Hormuz Recovery, Oversupplied Market in 2027

Gulf Marine Services Restarts Ops of Evacuated Gulf Vessels

JERA Takes Delivery of First LNG Cargo from Australia's Barossa Gas Project

Aramco Picks McDermott for Energy Projects in Saudi Arabia

Current News

Eni Enlists OneSubsea for Deepwater Umbilical Supply off Indonesia

EnQuest Clears Key Hurdle for $833M Malaysia Offshore Deal

ONGC Plans Major New Indian Oil Reserve

LNG Tankers Resume Hormuz Crossings Amid Tensions

Hormuz Standoff Risks Chronic Instability for Gulf Oil Flows

From Fixtures to Values: Where the Jackup Recovery Is Already Being Priced

Eni and Petronas JV Extend Ventura Offshore’s Drilling Job in Indonesia

Dolphin Drilling’s Blackford Dolphin Secures More Work for Oil India

Oil Surges 3% on Renewed US-Iran Strikes

Offshore Vessel Pair Ordered from Grandweld Shipyard

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com