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Genel Energy plc Update on Sarta PSC

Source: www.gulfoilandgas.com 9/5/2019, Location: Middle East

Genel Energy plc (Genel) can confirm that Chevron Sarta, as operator of the Sarta field (Genel 30% working interest), has signed a contract with OILSERV for the construction, installation, operation and maintenance of a 20,000 bopd central processing facility (‘CPF’).

OILSERV has been contracted for the facility through a lease agreement. The commissioning of the CPF and production start-up remains on track for the middle of 2020. Phase 1A of the development represents a low-cost pilot development of the Mus-Adaiyah reservoirs, designed to recover 2P gross reserves of 34 MMbbls.

Crude will be processed through the CPF and then transferred to a local facility for further distribution. Subsequent expansion investment decisions will be based on production behaviour plus a subsequent two to three well appraisal/development campaign.

Unrisked gross mid-case resources relating to the Jurassic Mus-Adaiyah reservoir alone are estimated by Genel at c.150 MMbbls, similar in size to the Peshkabir field.

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Related Categories: Consultancy  Engineering  FEED  General  Maintenance and Repair  Process Technology Licensing  Production Engineering  Project & Resource Management 

Related Articles: Consultancy  Engineering  FEED  General  Maintenance and Repair  Process Technology Licensing  Production Engineering  Project & Resource Management 


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