Sterling, RWE Revise Operations Schedule at Breagh Gas Field
Sterling Resources revised its schedule for operations at the Breagh gas field, reads a note released on Tuesday, explaining that a new field development plan (FDP) will be submitted by December 31, 2013. Operator RWE Dea and Sterling were planning to submit the Phase 2 FDP addendum by June 30, 2013.
On the other hand, full FDP approval is anticipated.
“Full FDP approval is anticipated by June 2014 and first gas from Phase 2 by the third quarter of 2016. This revised schedule has been approved by the UK Department of Energy and Climate Change (DECC),” reads the note.
The Breagh gas field is located in Block 42/13 of the northern reaches of the UK Southern North Sea. It lies 50 km to the north east of the UK coast and 200 km to the west of the median line between the UK and Dutch sectors.
“The evaluation indicates that the well penetrated a Carboniferous section which has better porosity and higher permeability than previously seen. In addition, once the results of the A05 well, which is currently being drilled, are evaluated the geological model will be further refined for the north and northeastern areas of the field,” reads the note.
Block 42/13 is owned by RWE Dea (70%) and Sterling Resources (30%).
“With the large areal extent of the Breagh field of approximately 80 square kilometres, further offshore facilities will be required for the full development of the field,” stated John Rapach, Chief Operating Officer for Sterling Resources.
RWE Dea is a Germany's oil and gas producers with sites at various locations throughout the country. Sterling is a Calgary-based energy with assets in the United Kingdom, Romania, France and the Netherlands.