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First oil flows from Golden Eagle field in North Sea | First oil flows from Golden Eagle field in North Sea |
(about 5 hours later) | |
Oil production has started at the major Golden Eagle development in the UK North Sea, according to operators Nexen Petroleum UK. | Oil production has started at the major Golden Eagle development in the UK North Sea, according to operators Nexen Petroleum UK. |
The development currently has two wells with the potential to produce about 18,000 barrels of oil per day. | The development currently has two wells with the potential to produce about 18,000 barrels of oil per day. |
Eventually 15 production wells and six water injection wells will be drilled. | |
The Golden Eagle Area Development (GEAD) is expected to reach peak production of about 70,000 barrels per day in 2015. | The Golden Eagle Area Development (GEAD) is expected to reach peak production of about 70,000 barrels per day in 2015. |
The project, which includes the Golden Eagle, Peregrine and Solitaire fields, lies about 70km (44 miles) north-east of Aberdeen. | The project, which includes the Golden Eagle, Peregrine and Solitaire fields, lies about 70km (44 miles) north-east of Aberdeen. |
Nexen, which is a wholly-owned subsidiary of Chinese offshore oil producer CNOOC, has 36.54% interest in the development. | Nexen, which is a wholly-owned subsidiary of Chinese offshore oil producer CNOOC, has 36.54% interest in the development. |
The remaining interests are held by Maersk Oil North Sea UK (31.56%), Suncor Energy UK (26.69%) and Edinburgh oil and Gas (5.21%). | The remaining interests are held by Maersk Oil North Sea UK (31.56%), Suncor Energy UK (26.69%) and Edinburgh oil and Gas (5.21%). |
'Great achievement' | 'Great achievement' |
CNOOC chief executive Li Fanrong said: "GEAD was delivered on schedule, on budget, and to world-class safety standards. | CNOOC chief executive Li Fanrong said: "GEAD was delivered on schedule, on budget, and to world-class safety standards. |
"The GEAD supported in excess of 2,500 jobs in the UK and makes a significant production contribution to the company in the near future." | "The GEAD supported in excess of 2,500 jobs in the UK and makes a significant production contribution to the company in the near future." |
Maersk Oil UK managing director Martin Rune Pedersen said: "Today's announcement represents a great achievement by the Golden Eagle project teams. | Maersk Oil UK managing director Martin Rune Pedersen said: "Today's announcement represents a great achievement by the Golden Eagle project teams. |
"A project of this scale is important for the UK North Sea and for Maersk Oil - to deliver it safely, on time and on budget is an excellent performance." | "A project of this scale is important for the UK North Sea and for Maersk Oil - to deliver it safely, on time and on budget is an excellent performance." |
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