First Oil Achieved at Lancaster



First Oil Achieved at Lancaster
Hurricane Energy achieves first oil from the offshore UK Lancaster field.

Hurricane Energy plc revealed Wednesday that first oil has been achieved from the offshore UK Lancaster field.

The combined flow from wells at the site during a 72-hour production test reached and maintained a planned output rate of 20,000 barrels of oil per day, according to Hurricane.

Robert Trice, Hurricane’s chief executive, said in a company statement that he was delighted to announce first oil.

"Lancaster is the UK's first producing fractured basement field and the fact that Hurricane has delivered this industry milestone on time and within budget is an incredible achievement,” Trice stated.

“I would like to thank the staff of Hurricane, our tier one contractors and our shareholders for having the vision to make Lancaster happen,” he added.

Hurricane is pursuing a phased development of Lancaster, starting with an early production system consisting of two wells tied-back to the Aoka Mizu FPSO. The field has 2P reserves and 2C contingent resources of 523 million stock tank barrels of oil, according to Hurricane.

Lancaster is 100 percent owned by Hurricane, which was established to discover, appraise and develop hydrocarbon resources from naturally fractured basement reservoirs, the company’s website highlights. Hurricane founded in 2004 by Trice with the help of a private investor.



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