The group will drill 22 subsea wells—14 producers and 8 water injectors—in Catcher, Varadero, and Burgman fields for tieback to a floating production, storage, and offloading vessel leased from BW Offshore. Water depth in the area is about 300 ft.
Production will begin in mid-2017 and peak at about 50,000 b/d of oil. Reserves are estimated at 96 million boe.
Oil produced by the Catcher area fields will be loaded onto tankers from the FPSO. Natural gas will enter the Shell-Esso Gas and Liquids (SEGAL) system for transport to St. Fergus.