Project Profile
Location: Blocks 204/24a,25b, Atlantic Margin, 190 km west of Shetland, Scotland, UK
Average estimated production: 3,500 boepd (2012)
Discovery year: August 1995
Start-up Year: September 2001
The East Foinaven Field lies 7 kilometres to the south east of the main Foinaven Field and 10 kilometres to the south west of Schiehallion. The East Foinaven field was discovered in August 1995 and first oil from the field was in September 2001.
The field has been developed as a subsea tie-back to the main Foinaven Field and currently utilises three production wells and two water injectors from a single subsea production manifold. Two shuttle tankers offload Foinaven crude from the Foinaven FPSO which is then shipped directly to refineries. Gas is exported via a 10 inch pipeline to the West of Shetlands Pipeline System which transports gas to the Sullom Voe Terminal in the Shetland Islands. Gas is then transported to the Magnus Field via the East of Shetland Pipeline System for use in the Magnus Enhanced Oil Recovery scheme.
Remaining Proved and Probable reserves, as evaluated by Faroe Petroleum's reserves auditors Senergy (GB), as at 1 January 2012 were 1.55 million barrels of oil equivalent net.
East Foinaven has a good quality reservoir with Palaeocene channel sands. Faroe Petroleum's analysis indicates that in the medium to longer term reserves are expected to grow, with the potential to extend the life of field beyond 2022.
Operators:
BP: Operator with 43% interest
RockRose Energy: 47% interest
Faroe Petroleum: 10% interest
Contractors:
Subsea 7 UK: subsea construction, inspection, repair and maintenance (IRM) services