Shell Invests in the Fram Field in the North Sea
Tuesday 26 June 2018
Royal Dutch Shell plc announced a final investment decision (FID) for the Fram gas and condensate field in the UK North Sea.
This FID adds momentum to Shell’s North Sea production growth, following the decision to redevelop the Penguins field in the northern North Sea.
At peak production, the Fram field is expected to produce around 41 million standard cubic feet a day of gas and 5,300 barrels per day of condensate, which combined equates to 12,400 barrels of oil equivalent per day.
Two wells will be drilled and the natural gas liquids they produce will be transported via a new subsea pipeline to the existing Starling field and then on to the Shearwater platform through existing pipelines.
Shell-operated Fram is a joint venture between Shell U.K. Limited (32% equity share) and Esso Exploration and Production UK Limited (68% equity share).