Plans Filed for North Sea's Platypus Gas Field
North Sea-focused independent Parkmead Group has reported the filing of a draft development plan for the Platypus gas project.
The plan was submitted to the Oil and Gas Authority and the Offshore Petroleum Regulator for Environment and Decommissioning by project operator Dana Petroleum, Parkmead said in a statement on October 15. It calls for two 3,109-metre wells to be sunk at the Platypus field in the southern North Sea. Gas from the wells will be pumped to the Perenco-operated Cleeton platform, and then routed to the Dimlington terminal in Humberside, northern England, for separation and processing.
Controls will be provided from Cleeton via a subsea control umbilical installed along the route of the pipeline from Platypus.
Platypus, discovered in 2010, has mid-sized recoverable reserves of 105bn ft3, according to Parkmead. Dana, a subsidiary of Korean National Oil Corp. (KNOC), has a 59% stake in the project, while Parkmead has 15%, Berkshire Hathaway unit CalEnergy has 15% and the UK’s Zennor Petroleum has 11%.
Tenders for subsea engineering, procurement, construction and installation, as well as umbilical and controls supply, are set to be awarded in the fourth quarter, Parkmead said. A project sanction should take place in the second quarter of 2020, with first gas expected in the first quarter of 2022. Platypus will flow 47mn ft3/day of gas at peak production.