Zennor Updates on Britannia Satellite
Private equity-backed Zennor Petroleum has successfully flowed gas and condensate from its Finlaggan production wells (F1 and F2) in the central North Sea, it said May 21. Each flowed more than 12,000 barrels of oil equivalent/day, with rates being constrained by the surface facilities and the rig has now been demobilised.
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 conclusion of these offshore works represents a key step in de-risking the Finlaggan development and delivering first production in Q4 2020 as planned.
Zennor also said construction work on the 20-km 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. The pipelines are tied back to the Britannia platform.
CEO Martin Rowe said that 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.”