By OGJ editors
HOUSTON, Feb. 6 -- Dana Petroleum PLC reported approval by the UK Department of Trade and Industry of subsea development of Goosander oil field on Block 21/12 in the UK North Sea.
Goosander will be tied back to the Kittiwake platform 12 km away. It was discovered in 1998 with the 21/12-3 well, which flowed 8,200 b/d of oil on test. It will be reentered and completed as a producer.
Dana paid $14 million in 2001 for Burlington Resources UK Inc.'s stake in Blocks 21/12 and 21/13a in a deal that tripled its Goosander interest (OGJ Online, July 11, 2001).
Transocean Inc.'s Sedco 704 semisubmersible will begin Goosander work in the second quarter. Subject to performance of the production well, a water injection well will be drilled in 2007.
Production is expected to start in the third quarter at a peak average of 9,500 b/d of oil. Field life is expected to be 7-10 years with cumulative production of 15.2 million bbl of oil and 2.6 bcf of gas.
Greater Kittiwake Area partners are Dana 50% and operator Venture Production PLC 50%.
