EnQuest Operational Update
Tuesday 24 January 2017
Kraken
The Kraken FPSO has arrived in the North Sea on schedule and is continuing under budget and on track for delivery of first oil in Q2 2017
EnQuest's production in 2017 is expected to average in the range of 45,000 Boepd to 51,000 Boepd for the full year and will be dependent on the timing of Kraken first oil
EnQuest is on course to further reduce average unit opex, in 2017 in the range of $21/bbl to 25/bbl including Kraken production. EnQuest continues to seek cost reductions across the supply chain
Thistle
Across 2016, average production from Thistle/Deveron was 7,533 Boepd.
2016 reflected the benefit of the 2015 drilling programme; the planned Southern Fault Block P2 sidetrack was however halted at the start of the year due to slot recovery issues. In Q1 2016, one of the Thistle power generation turbines was overhauled and other maintenance and integrity projects continued throughout the year. Further production enhancing field life extension work was scheduled for the middle of 2016, during a Thistle production shutdown planned to coincide with a third party shutdown of the Brent Pipeline System ('BPS'). However the BPS shutdown was delayed to the end of the year, thereby delaying Thistle production enhancements. The BPS shutdown itself proved to be considerably longer than expected resulting directly in four weeks of lost production. Bad weather in late December then also affected production start up by a further week. In December, Thistle started and successfully commissioned new process plant and associated controls. Water injection remained offline during this period to support essential electrical maintenance and to address flexible flowline integrity.
Don Fields
Across 2016, average production from the Don fields was 5,404 Boepd.
2016 reservoir performance for the Don wells was above expectations, particularly with the benefit of the Ythan production well, drilled last year. However the delay and extension of the third party BPS shutdown also affected the Don fields, with planned Dons production enhancement projects considerably delayed and with an extended 32 day Dons shutdown at the end of H2 2016. The 2016 Dons work programme included chemical treatment programmes and routine maintenance throughout the year. The start of gas import benefitted production in the first half of the year, increasing plant efficiency and reducing production costs. A water injection line failure on Don South West reduced production with a temporary repair being successfully completed in November.
Heather/Broom
Across 2016, average production from Heather/Broom was 5,948 Boepd.
The strong production performance resulted from a combination of work to increase water injection reliability and increased injectivity from the wells drilled and worked over in 2015. The Heather Alpha platform also had outstanding reliability with no unplanned outages. Maintenance and integrity projects continued as normal.