“÷Goldeneye’ gets go-ahead

The å£300-million project will create 300 local jobs during the construction phase. The field has 500Bcf of gas reserves and 17MMbrl of condensate, and production is expected towards the end of 2004. The project also has a number of technological features which are firsts for the UKCS.
Speaking at Shell Expro’s Aberdeen office, Mr Wilson said: “Goldeneye is a terrific boost for the oil and gas industry. The go-ahead confirms the quickening pace of UKCS field approvals, and reflects the success of the numerous PILOT initiatives. The Goldeneye venture highlights the continuing development of the UKCS, and will be a significant contribution to security of UK gas supplies. The new infrastructure will also open-up opportunities for other developments in the area.
“Shell Expro and its partners have pioneered technological solutions to make Goldeneye a success. I have no doubt this type of technology will play an important role in the UKCS, now and in the future. This is exactly the approach needed to meet PILOT’s production targets for 2010. The tieback carrying reservoir fluids to shore from Goldeneye will be the longest on the UKCS, the same distance as Aberdeen to Dundee.”
The field’s 105-km pipeline will connect a normally-unattended wellhead platform offshore to new onshore processing facilities at Shell Expro’s St Fergus terminal. All of the field’s produced gas, water, and condensate will be transported together under reservoir pressure through the pipeline to the onshore terminal for processing. This will be the first time this type of development option applied to a condensate field has been attempted on the UKCS.
,UK ENERGY Minister Brian Wilson gave formal consent in mid-March for the development of Shell Expro’s Goldeneneye gasfield in the Outer Moray Firth.

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