Shell to develop Fram field in the UK North Sea

abarrelfull wrote on 09 Jan 2013 19:39
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22/10/2012

Shell U.K Ltd (“Shell”) announced today it will develop the Fram oil and gas field in the UK Central North Sea, following final approval from the Department of Energy and Climate Change.

Shell-operated Fram is a joint venture between Shell U.K. Ltd (32% equity share) and Esso Exploration & Production UK Ltd (68% equity share). The field, which will be developed using floating, production, storage and off-loading (FPSO) technology, is one of Shell’s most significant Central North Sea developments for more than a decade and one of the largest currently planned for the UK North Sea.

Energy Minister John Hayes MP said “The durability of oil production in the North Sea constantly confounds expectation. It is a tribute to the high-tech advances and expertise of British industry, which has constantly pushed the boundaries of what can be produced.

“Fram itself will add around two per cent to our oil and gas production - securing jobs, creating revenue and adding to our security of supply. This announcement shows that by working with industry and by creating the right fiscal environment, our oil supplies will continue to be an asset to Britain for years to come.”

Glen Cayley, Shell Vice President Technical Europe said “This is an exciting announcement for Shell and a positive demonstration of our commitment to technological innovation as we pursue field developments in the UK. Large developments such as Fram will stimulate supply chain and employment opportunities in this latest phase of development for the UK continental shelf.”

The Fram field is expected to produce an average of 35,000 barrels of oil equivalent per day. Shell is working to achieve first production within the next three years.

Further Notes:

• The Fram Field is located 220km East of Aberdeen, 50km west of the UK/Norway median line and in a water depth of approximately 100metres.
• The development plan contains eight production wells, one production water re-injection (PWRI) well, two subsea drill centres (East and West) and a subsea flowline bundle all producing to an FPSO vessel.
• The oil will be exported via tanker and (rich wet) gas will be exported via the existing Shell-Esso Fulmar Gas Line (FGL) (18km away) and the Shell-Esso Gas and Liquids (SEGAL) system.

• Shell to develop Fram field in the UK North Sea

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