Spirit Energy and Dana Petroleum will drill a fourth production well to extend the life of Chestnut oil field in the UK North Sea by as much as 3 years.
Spirit, the operator, says the contract for Teekay’s Hummingbird Spirit floating production, storage, and offloading vessel has been extended by up to 3 years to 2023.
The field, 200 km northeast of Aberdeen, produces about 6,700 b/d of oil and 4.7 MMscfd of natural gas.
The well is to be spudded before the end of the year.
The partners drilled a third Chestnut production well in 2017.
