Buchan Oil Field - Revision history

Abarrelfull: /* History */

2024-06-28T12:14:06Z

History

2024-06-28T12:13:46Z

Links

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Description

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 * 2017 - Production ceased
 * 2019 - Jersey Oil and Gas were awarded the licence for redevelopment
 * 2023 - Serica acquired 30% of the field

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 # [[UK Oil and Gas Fields by Approval Date]]
 # [[List Of Oil and Gas Production Platforms In The UK]]
 # [[International Protective Coatings Platform References]]
 # [[FoundOcean Europe Subsea References]]

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 ** The Buchan Alpha was a floating production facility
 ** Oil was exported from the Buchan Alpha platform via Forties Charlie then through the [[Forties Pipeline System]] (FPS) [[Nigg Oil Terminal]]
-** The **Hannay Field** is a subsea development that was tied back to the Buchan Alpha facility
+** The '''Hannay Field''' is a subsea development that was tied back to the Buchan Alpha facility
 * The field was closed down in 2017 but is to be redeveloped
 ** Re-development of Buchan is based on a new production hub located at the Buchan field utilising a floating production, storage and offloading (“FPSO”) vessel. The vessel is to be the [[Western Isles FPSO]]

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 # [https://abarrelfull.blogspot.com/2023/10/repsol-reaches-agreement-with-talisman.html Repsol reaches an agreement with Talisman Energy to acquire the Canadian oil company]
 # [https://a-barrel-full.blogspot.com/2023/11/acquisition-of-interest-in-greater.html Acquisition of Interest in Greater Buchan Area]
 [[category:Field]]
 [[category:UK]]
 [[category:Serica]]

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 ** The **Hannay Field** is a subsea development that was tied back to the Buchan Alpha facility
 * The field was closed down in 2017 but is to be redeveloped
-** Re-development of Buchan is based on a new production hub located at the Buchan field utilising a floating production, storage and offloading (“FPSO”) vessel
+** Re-development of Buchan is based on a new production hub located at the Buchan field utilising a floating production, storage and offloading (“FPSO”) vessel. The vessel is to be the [[Western Isles FPSO]]
 ** Subject to project sanction and regulatory approval, the target for first production is late 2026.
 ** Peak production rates are expected to be around 35,000 barrels per day.

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 === Summary Information ===
-* Operator: Talisman
+* Operator: Neo Energy
 * Country: UK
 * Location: blocks 20/5 and 21/1, North Sea

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 * 2002 - First oil from Hannay
 * 2015 - Repsol became a partner by acquiring Talisman Sinopec
-* 2017 - Porduction ceased
+* 2017 - Production ceased
 * 2023 - Serica acquired 30% of the field
 === Geology ===
 * Buchan produces 33.5°API black oil from a fractured Devonian Old Red Sandstone Formation reservoir.
+* The reservoir has a significant oil column, in excess of 900 ft
 === Links ===

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 === Description ===
 * The Buchan field is located on blocks 20/5 and 21/1
-* The Buchan Alpha is a floating production facility
+** The Buchan Alpha was a floating production facility
-* Oil is exported from the Buchan Alpha platform via Forties Charlie then through the [[Forties Pipeline System]] (FPS) [[Nigg Oil Terminal]]
+** Oil was exported from the Buchan Alpha platform via Forties Charlie then through the [[Forties Pipeline System]] (FPS) [[Nigg Oil Terminal]]
-* The **Hannay Field** is a subsea development tied back to the Buchan Alpha facility
+** The **Hannay Field** is a subsea development that was tied back to the Buchan Alpha facility
-* in the Central North Sea producing from Britannia sandstone, Talisman Sinopec operated .
+* The field was closed down in 2017 but is to be redeveloped
 === Contractors ===
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 * 2002 - First oil from Hannay
 * 2015 - Repsol became a partner by acquiring Talisman Sinopec
 === Geology ===
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 # [http://killajoules.wikidot.com/archive:bp-s-beatrice-buchan-and-clyde-fields-sale-completed BP's Beatrice, Buchan and Clyde Fields - Sale Completed]
 # [https://abarrelfull.blogspot.com/2023/10/repsol-reaches-agreement-with-talisman.html Repsol reaches an agreement with Talisman Energy to acquire the Canadian oil company]