Clair Ridge Comes Online
BP plc has announced first oil production from the Clair Ridge project in the West of Shetland region offshore UK.
The project has been designed to recover an estimated 640 million barrels of oil, with production expected to ramp up to a peak at plateau level of 120,000 barrels of oil per day, BP revealed.
Two bridge-linked platforms and oil and gas export pipelines have been constructed as part of the Clair Ridge project. The new facilities, which required capital investment in excess of $5.7 billion (GBP 4.5 billion), are designed for 40 years of production.
Clair Ridge is the second phase of development of the Clair field. Clair, which was discovered in 1977, has an estimated seven billion barrels of hydrocarbons.
“The start up of Clair Ridge is a culmination of decades of persistence,” Bernard Looney, BP chief executive of upstream, said in a company statement.
“Clair was the first discovery we made in the West of Shetland area in 1977 but trying to access and produce its seven billion barrels proved very difficult. We had to leverage our technology and ingenuity to successfully bring on the first phase of this development in 2005,” he added.
“And now more than 40 years after the original discovery, we have first oil from Clair Ridge, one of the largest recent investments in the UK. This is a major milestone for our upstream business and highlights BP’s continued commitment to the North Sea region,” Looney continued.
In a statement on Twitter, BP described the start up of Clair Ridge as a “big moment for the UK”.
Andy Samuel, chief executive at the Oil and Gas Authority said first oil from the Clair Ridge platform “is a major milestone for the UKCS”.
“The OGA continues to view the West of Shetland as strategically important with substantial remaining potential. The Clair field has in excess of seven billion barrels in place and is expected to sustain production for many decades to come, with significant scope for further phases of development,” Samuel added in an OGA statement.
Oil & Gas UK Chief Executive Deirdre Michie said, “it’s greatly encouraging to see one of the basin’s original explorers using new, ambitious approaches and pioneering technology to help lead a revival in production”.
“This is another firm step towards maximizing economic recovery from the basin,” Michie added.
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