DTI Gives Go Ahead for Trent and Tyne Developments

abarrelfullabarrelfull wrote on 26 Jul 2012 08:44
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05 May 1995

ARCO British Limited (ABL) confirmed today that it has received approval from the Department of Trade and Industry to develop the Trent and Tyne gas fields, putting both fields on target for first gas in the Autumn of 1996 at a development cost of £225 million.

A Not Normally Manned fixed platform will be installed on each field which will be remotely controlled from ABL's Great Yarmouth shore base. The EPIC contract for the platforms was awarded to SLP Engineering Ltd in Lowestoft earlier this year and work is proceeding. Contracts have also been awarded to Stoltt Comex Seaway to undertake the heavy lift and Allseas Marine Contractors SA for the pipelay.

The Trent field has estimated recoverable reserves of 190 bcf, whilst Tyne reserves are estimated at 250bcf. Gas from Trent and Tyne will be brought ashore into Amoco (UK) Exploration Co's Bacton terminal via the ARCO operated EAGLES system. The Trent platform will act as the gathering platform for Tyne and has been designed with spare capacity providing scope to process gas from other fields brought on stream in the area. All Tyne gas has been sold to Eastern Natural Gas. Negotiations are continuing for the sale of Trent gas.

The Maersk Enhancer and Ensco 80 rigs have been contracted to carry out development drilling on Trent and Tyne respectively. Drilling will commence on Trent's four to five development wells later this month and drilling on Tyne's five development wells will begin during the summer.

ABL's Project Manager Martin Thurlow commented on the developments, "The Trent and Tyne developments are another example of ABL using tried and tested technology in an innovative way to bring small gas fields on stream both quickly and economically."

Trent & Tyne Partners:
Trent

ARCO British Limited 61.25% Goal Petroleum Plc 20.00% Atlantic Richfield Oil & Gas (St James) Limited 18.75%

Tyne

ARCO British Limited 60.00% Goal Petroleum Plc 15.00% Atlantic Richfield Oil & Gas (St James) Limited 25.00%


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