Tokyo, Feb 18, 2013 (JCN) - JX Nippon Exploration and Production (U.K.) Limited (JX NEPUK), a wholly owned subsidiary JX Nippon Oil and Gas Exploration (JX NOEX), has now received approval from the UK authority (DECC) for a Field Development Plan (FDP) for the Mariner Field.
The field is located in Block 9/11a in the UK North Sea, about 150km east of Shetlands, and is one of the largest undeveloped oil fields in the UK North Sea.
It is estimated that the recoverable reserve exceeds 250 million barrels and that the average daily oil production rate will be around 55,000 barrels during the initial four years. The expected field life is about 30 years from 2017.
The development plan for the Mariner Field requires the construction of a production, drilling and quarters platform (PDQ) together with a floating storage and offloading system (FSU), and requires the drilling of a significant number of production wells after startup in 2017 to optimise production.
The total investment in the Mariner Field, including all the drilling, is estimated to be more than 7 billion US dollars.
The Mariner Field is a major JX NOEX asset in the UK, and the company expects that it will contribute to the achievement of its long term daily production goal of 200,000 barrels of oil equivalent by 2020.
Copyright © 2013 JCN. All rights reserved. A division of Japan Corporate News Network KK.
 Company Profile |  Print |  Alerts
|
 |
|
Idemitsu, JX and INPEX Confirm Gas at Third Offshore Vietnam Well
(June 5, 2013)
|
|
|
JX Nippon Acquires Interest in Two Exploration Permits in the North West Shelf Off Australia
(June 4, 2013)
|
|
|
JX NOEX Field Development Plan approved for Mariner in UK North Sea
(Feb 18, 2013)
|
|
|
Nippon Oil & Energy Enters SPA with Chevron for the Purchase of Gorgon LNG
(May 10, 2011)
|
|
|
NYK and Nippon Oil Assess 'Auriga Leader' Seven Months into Voyage Using Solar Power
(Sept 11, 2009)
|
|
|
First Cargo from Indonesia's Tangguh LNG Project
(July 8, 2009)
|
|
|
Nippon Oil Plans Big Outlay Cuts
(Oct 29, 2008)
|
|
|
Sanyo Electric, Nippon Oil Eyeing Solar Cell JV
(Sept 30, 2008)
|
|
|
Nippon Oil to Introduce New Pricing System in Oct.
(Sept 26, 2008)
|
|
|
Japan Oil Firms to Base Prices on Market Moves, Revise Them Every Week
(Sept 13, 2008)
|
|
|
|
|
|
|
INPEX Granted Exploration Permit Off Western Australia (June 10, 2013)
|
|
|
ITOCHU to Construct Africa's Largest Solar Power Plant in South Africa (June 10, 2013)
|
|
|
Mitsui & Co to Participate in Power Generation Project in South Africa (June 6, 2013)
|
|
|
Idemitsu, JX and INPEX Confirm Gas at Third Offshore Vietnam Well (June 5, 2013)
|
|
|
JX Nippon Acquires Interest in Two Exploration Permits in the North West Shelf Off Australia (June 4, 2013)
|
|
|
Ichthys LNG Project Secures New Shipping Vessels (June 4, 2013)
|
|
|
Marubeni, INCJ Establish Seajacks Japan to Develop Offshore Wind Market (June 3, 2013)
|
|
|
Mitsui Becomes Master Developer in Malaysian Smart City Development (May 31, 2013)
|
|
|
ITOCHU Participates in U.S. Next-Gen Biodiesel Fuel Production (May 23, 2013)
|
|
|
JGC Awarded FEED Contract for Large-Scale LNG Plant in Canada (May 22, 2013)
|
More Gas & Oil news...
|
|
