RWE Dea announce Saturn (Atlas, Hyperion, and Rhea) development go-ahead

abarrelfullabarrelfull wrote on 01 Jul 2014 05:52

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28 July 2004

RWE Dea UK has announced that the Department for Trade and Industry has given consent for the development of the Saturn (Atlas, Hyperion, and Rhea) field in the UK Southern North Sea.

The ConocoPhillips operated field in which the company holds a 35.1 per cent interest following a recent unitisation agreement, is located in blocks 48/10a and 48/10b, 37 km north of the Lincolnshire Offshore Gas Gathering System (LOGGS). It is expected to achieve first gas in the fourth quarter of 2005 with an initial rate of 74 million standard cubic feet of gas per day (MMscf/d). The maximum rate of 169 MMscf/d is expected within a year following start up.

The Saturn development area comprises a number of gas accumulations named after the moons of Saturn. Initially the accumulations Atlas and Hyperion will be developed, followed by Rhea, to be drilled once production performance from Atlas and Hyperion is available. Mimas (48/09a) and Tethys (49/11b) are further potential satellite developments.

The development concept includes an unmanned six slot minimum facilities platform at the location of the 48/10b-13 appraisal well, drilled earlier this year. The appraisal well will be sidetracked as the first producer, and two additional development wells will be drilled from the platform. A 43 km 14-inch pipeline will tie back the Saturn platform to LOGGS.

Christoph Schlichter, Managing Director RWE Dea UK, commented: 'We are delighted that the development of Saturn will now move ahead. We have built strong working relationships with all the partners led by operator ConocoPhillips, and look forward to moving the project forward. It is a key element of our strategy to progress our development portfolio to production, as we seek to grow our business within the UK.'

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