Shell UK Limited, with partners Rockrose Energy and Dyas U.K. Limited, recently announced a final investment decision (FID) for the Arran gas and condensate field in the UK North Sea. In addition to this investment decision, Shell has become the operator of the Arran project.
This is the fourth FID announcement in the UK North Sea in 2018, which will result in further production growth for Shell following the decision to redevelop the Penguins field in the northern North Sea, the Alligin field West of Shetland and the Fram field in the Central North Sea.
âAs Shell marks 50 years of production in the UK North Sea, this announcement to invest in the Arran field and to assume operatorship is further proof of our continued commitment to the UKâ?, said Steve Phimister, Vice President for Upstream in the UK and Ireland.
At peak production, Arran is expected to produce around 100 million standard cubic feet per day of gas and 4,000 barrels per day of condensate, which combined equates to 21,000 barrels of oil equivalent per day. Four new development wells will be drilled and the natural gas and liquids they produce will be transported via a newly installed subsea pipeline to the Shearwater platform.