Trent and Tyne Deal Secures the Future for ETS Pipeline

abarrelfullabarrelfull wrote on 06 Aug 2012 06:28
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14 February 1995
The future of the Esmond Transportation System (ETS) pipeline as an evacuation route for the Carboniferous area of the Southern Gas Basin has been secured as a result of a joint venture agreement between the ETS group and the Trent and Tyne group, under which ARCO British Limited becomes operator of a new system incorporating the existing pipeline. The joint venture project is to be known as EAGLES, the East Anglia Gas and Liquids Evacuation System. The first new fields to be connected, ARCO operated Trent and Tyne, will come on stream in October 1996 and the EAGLES system will deliver the gas they produce to the Amoco (UK) Exploration Co operated terminal at Bacton, Norfolk. The agreement is subject to the consent of the Department of Trade and Industry.

Offshore processing facilities will be incorporated into the Trent platform to handle gas from both fields, with capacity for expansion to take gas from other fields in the area. Dry gas will be exported from Trent via a short new link to the existing 24 inch diameter pipeline and thence 104 miles to the onshore terminal where full processing services can be offered following an agreement between ARCO and Amoco.

Under the joint venture agreement, ownership of the pipeline remains with the ETS group; Hamilton Oil Company Ltd (a wholly owned subsidiary of BHP), Elf Exploration UK Plc, Lasmo North Sea Plc and Monument Exploration and Production Limited, whilst ARCO takes on responsibility for operating the system and marketing its spare capacity.

Steve Suellentrop, Managing Director of ARCO British commented, " I am delighted that we have been able to work with the ETS group and Amoco to extend the useful life of this pipeline. It is very much in the spirit of the CRINE initiative, and will provide cost-effective infrastructure for future Carboniferous area developments as well as for our own Trent and Tyne fields".

The Trent and Tyne group comprises ARCO, Goal Petroleum Plc and St James's Oil and Gas Limited, which was recently acquired by ARCO.


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