Development plan approved for UK North Sea field

Approved: Valiant Petroleum and Antrim's field development plan for the Fionn licence in the UK North Sea

The UK Department of Energy and Climate Change has approved Valiant Petroleum’s field development plan for the Fionn field in the UK North Sea.

Field partner Antrim stated that the plan for Fionn, in the UK North Sea Block 211/22a South East Area, would utilise a previously drilled and suspended well as a production well.

The 211/22a-6 well was drilled in 2007 and tested oil from the Ness and Etive formations at a combined flow rate of about 5500 barrels of oil per day.

The well is planned to be completed with dual electrical submersible pumps.

Antrim anticipated first oil in mid-2013. Initial production has been estimated at 4500 bpd.

The development plan called for Fionn production to be…

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