The new field was brought on production approximately
eight months following the October 2009 discovery. Apache holds a
100-percent interest.
"The Maule discovery, which is an Eocene-age reservoir
located above the main Forties Paleocene reservoir, was identified by
Apache’s North Sea geoscience team using its extensive experience with
seismic interpretation in the area. We were able to develop the field
quickly via our existing infrastructure within the Forties Field," said
James L. House, region vice-president and managing director of Apache
North Sea Ltd. "The viability of the project was enhanced by the UK
government’s incentives aimed at encouraging development of smaller
fields in the North Sea."
Apache is planning a second well at Maule.
Apache also announced that it will proceed with
development of the Bacchus Field, a Jurassic discovery four miles (6.5
km) northeast of the Forties Alpha platform. Apache is planning three
horizontal subsea wells tied back to Forties Alpha via a pipeline
bundle. Apache owns a 70-percent working interest at Bacchus ; Shell
owns 20 percent ; and Endeavour owns the remaining 10 percent. First
oil is expected in mid-2011.
Source :www.euro-petrole.com
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