Project Profile
Value: US$500 million
Location: Central North Sea, 220 km east of Aberdeen
Water Depth: 100 m
Reserves: 390 million barrels of hydrocarbons in place
Start-up year: 2015
The field was originally planned to be developed using an FPSO, an Aframax tanker to be upgraded and converted to a single deck double hall tanker.
The field, located in Block 29/03c block is expected to produce around two-thirds of gas and the rest oil. Between six and ten wells will be drilled to achieve a peak production of upto 20,000 barrels per day of oil and 150 million standard cubic feet per day.
Fram was discovered by Shell in 1969 and an appraisal well was drilled in 1999. A further appraisal well was drilled in April 2010. The Fram discovery comprised gas-condensate within Palaeocene age deep marine turbidite sandstones trapped within a 4-way dip closure around a pierced salt diapir.
The reassessment of the well results urged for a revised field development plan which caused the cancellation of the FPSO operation. (February, 2013)
Operator:
Shell: Operator with 32% interest
Esso (a subsidiary of ExxonMobil): 68% interest
Contractors:
SBM Offshore: Lease and operation of the FPSO. (June, 2012)
- Contract cancelled due to reassessment of the development plan. (February, 2013)
Diamond Offshore Drilling: Ocean Guardian drilling rig. (July, 2012)
Subsea7: Engineering, procurement, fabrication and installation of a 4.5km pipeline bundle. (January, 2013)