TAQA Gets Approval for Cladhan Development

TAQA Bratani reported late Wednesday that it has received approval from the UK government for its development plan for the Cladhan field in the North Sea.

The initial phase of development of the field – which is located on Blocks 210/29a and 210/30a in the northern North Sea – will consist of two producer wells and one injection well.  Cladhan is expected to produce over 17,000 barrels of oil equivalent per day initially with first oil expected in the first quarter of 2015. Production will be tied back to TAQA's Tern Alpha platform which lies some 11 miles northeast of the Cladhan field.

TAQA Bratani Managing Director Leo Koot commented in a company statement:

"The Cladhan development is the third field that TAQA has developed and the largest project to date. Developing Cladhan as a tie back to Tern supports TAQA's strategy to invest in our infrastructure as we recognise the crucial part it plays in allowing us to maximise recovery from the northern North Sea."

TAQA current has a 40.1-percent stake in the Cladhan field but an agreement to acquire further equity in the field from Sterling Resources could see its interest increase to 52.7 percent.



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Post a Comment Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Malaysia's SapuraKencana Forms JV to U... (Aug 4)
 -  Peregrino Field Offshore Brazil Produc... (Aug 4)
 -  Swiber Secures Letter of Intent for $8... (Aug 4)
 -  First Oil Achieved from Cidade de Itag... (Aug 3)
 -  Polarcus Wins 3D Seismic Project (Aug 3)


Most Popular Articles

From the Career Center
Jobs that may interest you
Commissioning Engineer
Expertise: Design Engineer|Electrical Engineering|Subsea Engineering
Location: Anchorage, AK
 
Permitting / Regulatory Specialist
Expertise: Regulatory Compliance
Location: Houston, TX
 
Production Engineer
Expertise: Petroleum Engineering|Production Engineering|Production Operator
Location: Eagle Ford
 
search for more jobs

Brent Crude Oil : $49.99/BBL 0.94%
Light Crude Oil : $45.74/BBL 1.26%
Natural Gas : $2.81/MMBtu 2.18%
Updated in last 24 hours