Tulip Oil plans offshore Netherlands drilling
Tulip Oil Holding BV is evaluating rig availability for drilling two discovered gas fields near the producing Q10-A field offshore the Netherlands.
The targeted reservoirs have previously produced gas and have field development plans that follow the same approach as development and appraisal of Q10-A for low-cost production and low carbon footprint.
Tulip has taken a final investment decision (FID) on one completion of an unfinished well and one side-track in Q10-A for production in second-quarter 2021. The company is evaluating an additional temporary appraisal side-track to test productivity of the proven Vlieland oil formation in the Q7/Q10a licence.
Production in Q10-A was shut in until the 13th October for scheduled maintenance of the neighbouring P15 platform. Since November, production has benefitted from deployment of the available compression facilities on P15.
Q10-A field produced 142 million standard cu m gas during fourth-quarter 2020 compared with 59 million standard cu m in the third quarter.
Tulip Oil Netherlands Offshore BV (TONO) is a 100% subsidiary of Tulip Oil Netherlands BV (TON), which is a 100% subsidiary of Tulip Oil.
TON is operator and holds 60% interest in exploration licences M10/M11, while TONO is operator and holds 60% interest in production licences Q07/Q10a and exploration licences Q10b, Q08, and Q11. Energie Beheer Nederland BV holds the remaining 40%.
Source: Oil & Gas Journal