Apache lets contract for Forties platform

Houston independent Apache Corp. has let a contract worth more than $240 million to OGN Group of the UK to build a satellite production platform for Forties oil field in the central UK North Sea.

By OGJ editors
HOUSTON, Nov. 29
-- Houston independent Apache Corp. has let a contract worth more than $240 million to OGN Group of the UK to build a satellite production platform for Forties oil field in the central UK North Sea.

The 18-slot platform, to be built at OGN Group’s Hadrian yard in Newcastle, will be bridge-linked to the Forties Alpha platform.

James L. House, regional vice-president and managing director, North Sea, said Apache recently completed 4D seismic surveys at the field and accelerated data processing.

He said the new geophysical data and well slots will enable Apache to sustain oil production at about 60,000 b/d “during the subsequent 3-plus years."

The satellite platform will expand utility services, including power generation, produced-fluid processing, high-pressure gas compression for artificial lift, and dehydration.

Onshore construction is expected to be complete by mid-2012.

Apache holds about 97% working interest in Forties field and is operator.

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