Exxon, Shell Report Startup Of North Sea Galleon Gas Field

abarrelfullabarrelfull wrote on 26 May 2014 12:24

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5th October 1994

Exxon Corporation (NYSE: XON) announced today that the Galleon natural gas field in the North Sea has been brought on stream at a rate of 190 MCFD (million standard cubic feet per day).

Exxon's U.K. affiliate, Esso Exploration & Production U.K. Ltd., and Shell each hold a 40 percent interest in the Galleon field, which is operated by Shell. Conoco (U.K.) Limited and Oryx UK Energy Co. Ltd. (NYSE: ORX) each have a 10 percent interest in the field.

Galleon is located in 82 feet of water, 50 miles north of Bacton, on the Norfolk coast of England. The field lies in the Esso/Shell blocks 48/14, 48/19a and 48/20a and in the Conoco/Oryx block 48/15a.

Natural gas from Galleon is being processed at the Esso/Shell plant at Bacton. The majority of this supply (170 MCFD) is being delivered under contract to British Gas. The remainder (some 20 MCFD) is being sold to Quadrant Gas, the Esso/Shell gas marketing company.

Galleon is the sixth gas field development to be brought into production in the southern North Sea by Shell U.K. Exploration and Production (Shell Expro), the operator for Shell and Esso. It is the third field to be developed in the Sole Pit area. Other Sole Pit fields are Barque and Clipper, which first came on stream in October 1990.

This phase of the Galleon development has a minimum facilities wellhead platform (Galleon PN) located on the southeast portion of the field. The platform is remotely controlled from the existing Clipper complex 8 miles away. Galleon gas flows to the Clipper complex, where a new platform was installed for metering and compression. Gas is then transported through the 24 inch diameter Sole Pit gas pipeline to Bacton.

A second phase of development for Galleon is under consideration. It would involve the installation of a second satellite wellhead platform to be placed in the northwestern section of the field. Timing of the second phase depends on further delineation of the field's reservoir potential and assessment of gas sales opportunities.

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