Fairfield Invests Millions in Dunlin Upgrades (UK)
- Business & Finance
Fairfield Energy Limited, the private, North Sea-focused independent oil and gas company, has invested £70 million in improvements at its Dunlin platform to help increase and sustain production. This is part of a number of developments reinforcing the operator’s commitment to Dunlin and the wider North Sea.
The new fuel gas import system and modified water injection system are expected to enable production to rise to a year end exit rate of around 10,000 bopd. For the first time since early 2000, the operator will be able to use its own independent power generation system to achieve significantly higher and sustained water injection performance.
Since Fairfield took over the Dunlin platform in 2008, the operator has been focused on revitalising the former Shell asset to increase production levels in the mature field. This has involved platform and subsea well work, significant asset integrity and fabric maintenance activity and recently the acquisition of a new 3D seismic survey over the Dunlin field. The results from the survey will help support a near field exploration programme which could result in additional tie-backs to the Dunlin platform.
Ian Sharp, Chief Operating Officer at Fairfield Energy said: “The completion of the fuel gas import project is a major step forward for Dunlin and will significantly boost production rates. Continuing material integrity enhancements will support the extended life of the field.
“Our focus is on delivering safe, reliable and predictable operations and we are succeeding in regenerating production from revitalising an ageing asset. We aim to continue building our well-established portfolio, thereby both deepening and broadening the company to where it is rightly seen as a UK independent of substance.”
Press Release, October 9, 2012