10th Sep 2014 06:52
LONDON (Alliance News) - Premier Oil PLC Wednesday said that the subsea oil storage tank, jacket and topsides have been successfully installed at its Solan oil field and it will now start the offshore hook up and commissioning programme.
In a statement, the company said the precise timing of first oil from the field will depend on the progress of the hook up and commissioning.
Premier Oil has a 60% operator interest in the Solan field in the UK North Sea, with the rest owned by Chrysaor. Premier started drilling four development wells in April 2013 and finished the first pair this summer. The field, near Shetland, is expected to produce about 40 million barrels of oil.
By Steve McGrath; [email protected]; @stevemcgrath1
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