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Oil & Gas News – May 2017

Oil has begun flowing from a North Sea field which is part of a wider project aimed at unlocking 100 million barrels of additional reserves. Operator Repsol Sinopec Resources UK said first oil had been achieved at the Shaw field, about 200km (124 miles) east of Aberdeen.

Shaw is part of the Montrose Area Redevelopment (MAR). Repsol Sinopec said MAR could extend the life of a number of fields in the area to beyond 2030. The project has involved modifying and expanding existing Montrose Area infrastructure, including developing three new fields – Godwin, Cayley and Shaw.

The first oil is expected from Cayley by the end of the second quarter, with gross production expected to peak at up to 40,000 barrels a day.