Shell to develop Victory gas field

Jan. 17, 2024
Shell UK Ltd. will develop Victory gas field in the British North Sea about 47 km northwest of the Shetland Islands.

Shell UK Ltd. has taken final investment decision to develop Victory gas field in the British North Sea about 47 km northwest of the Shetland Islands. The field is expected to come online in the middle of the decade and to produce about 150 MMscfd of gas (about 25,000 boe/d).

The development will feature a single subsea well which will be tied back to existing infrastructure of the Greater Laggan Area system using a new 16-km pipeline. Victory’s gas will be processed onshore at the Shetland gas plant before being piped to the UK mainland to enter the national grid at St Fergus.

Victory is in the P2596 Victory license. Most of the field’s recoverable gas is expected to be extracted by the end of the decade.

Shell is 100% owner and operator of the field after completing the 2022 acquisition of Corallian Energy Ltd. The acquisition exclusively comprised the P2596 Victory license to develop gas West of Shetland (OGJ Online, Oct. 5, 2022).