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Blane Oil Field (P111-Block 30/3a (Upper), North Sea)

HISTORY
  • The Blane Oil Field was discovered in 1989.
  • In 1999 ROC purchased a suite of oil and gas assets in the UK North Sea, including a 15.24% interest in the licence containing the UK portion of the Blane Oil Field.
  • The field, which is currently being developed, extends into the Norwegian sector.  ROC holds a 12.5% interest in the unitised field.
  • A Field Development Plan was submitted in May 2005 and Government sanction was received in July 2005. The Unitisation and Unit Operating Agreement was finalised in July 2005.
  • Two horizontal production wells were drilled and completed by October 2006.
  • Ula topside modifications, module installation on the Ula platform, and the tie in of all pipelines and flowlines to the Blane field subsea wells were completed in 2Q 2007.
  • Production commenced on 12 September 2007.
  • A third well, a water injector, was drilled, completed and tied into the Ula Platform in May 2008.
  • Dedicated gas lift supply for the two producing wells was commissioned in February 2009.
GEOLOGY
  • The field is located in the Central Graben.
  • Reservoir:  Tertiary Palaeocene Forties sands.
  • Trap:  structural.
  • High quality oil.
DEVELOPMENT FACILITIES
  • The field has been developed as a subsea tieback to the BP-operated Ula platform located in the Norwegian continental shelf (34km to the northeast) and comprises two horizontal production wells with gas lift and one water injection well.
JV PARTICIPANTS AND INTERESTS
Roc Oil (GB) Limited 12.501%
Talisman Energy (U.K.) Limited (Operator) 25.002%
MOC Exploration (U.K.) Ltd (a subsidiary of Nippon Oil Corporation) 13.994%
Eni UK Limited 13.897%
Eni ULX Limited 4.105%
Dana Petroleum (BVUK) Limited 12.501%
Talisman Energy Norge AS 18.000%
 
Activity Status
  • Producing with water injection.
  • Currently producing without gas lift, pending repair work on the gas lift pipeline scheduled for 3Q 2010.
Project Capital Investment to First Oil
  • £250MM (ROC net £31.5MM).
Remaining 2P Reserves
  • ROC net 2.3 MMBO as at 31 December 2009.
First Production
  • 12 September 2007.
Average Gross Production Rate for Quarter Ending 30 June 2010
  • 7,325 BOPD (ROC net 916 BOPD)