Chevron Starts Production at Alder 40 Years After Discovery
Chevron North Sea Limited announced Monday that it has started production at the Alder field in the central North Sea, more than 40 years after it was first discovered.
"First gas at Alder represents a significant milestone for Chevron and highlights our commitment to investing and developing resources in the U.K.,” said Greta Lydecker, managing director for Chevron Upstream Europe.
“The safe and successful completion of this project was underpinned by strong collaboration between Chevron and Alder co-venturer ConocoPhillips. Alder supports our goal of helping maximize the economic recovery of the U.K., adds significant production to our portfolio, and helps extend the field life of Britannia, an important asset to Chevron in the North Sea,” Greta added.
Alder is a single subsea well tied back, via a 17 mile pipeline, to the existing ConocoPhillips-operated Britannia Platform, in which Chevron holds a 32.38 percent non-operated working interest. The project has a planned design capacity of 110 million cubic feet of natural gas and 14,000 barrels of condensate per day. Production from the Alder Field is expected to ramp up over the coming months.
More than 70 percent of the Alder development work was executed by U.K. based companies, providing significant investment to the U.K. supply chain. The contracts supported several hundred jobs across a range of U.K. locations including Aberdeen, Invergordon, Leeds and Newcastle.
“We are very pleased to see the safe flow of first gas from the Alder Field,” said Andy Samuel, chief executive at The Oil and Gas Authority.
“Chevron’s application of innovative subsea technologies and use of the U.K.’s experienced supply chain is closely aligned to the Maximising Economic Recovery Strategy, adding reserves and extending the life of an existing asset,” he added.
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