Lancaster

Location

The Lancaster field is situated in the West of Shetlands area, specifically in blocks 205/21a, 205/22a, and 205/26b. It is offshore, in water depths of approximately 160 meters.

Operator

The project is operated by Hurricane Energy, a London-listed oil and gas company. Hurricane Energy has been the primary developer and operator of the Lancaster field.

Geology

The Lancaster field is a fractured basement reservoir, which is a type of reservoir where oil is trapped in the fractures of the basement rock rather than in a conventional sandstone or limestone reservoir. This geology presents unique challenges and opportunities for oil extraction.

Development

The development of the Lancaster field involves the use of an Early Production System (EPS) to bring the field into production. This approach allows for early production and testing of the reservoir before a full-field development is undertaken. The EPS includes a floating production, storage, and offloading (FPSO) vessel, which is used to process and store the oil produced from the field.

Production

Hurricane Energy has been working towards achieving first oil from the Lancaster field. As of 2019, the company had made significant progress in this regard, with the project nearing the production phase.

Infrastructure

The project infrastructure includes subsea wells connected to the FPSO vessel. The FPSO is responsible for processing the produced fluids, storing the oil, and offloading it to tankers for transportation to market.

Analysis and Reports

GlobalData and other industry analysts have provided detailed reports on the Lancaster EPS project, offering insights into the project's overview, geology, development plans, and production expectations. These reports highlight the project's potential and the challenges associated with developing a fractured basement reservoir.

In summary, the Lancaster oil and gas field is an offshore project west of the Shetland Islands, developed by Hurricane Energy. It is characterized by its unique geology as a fractured basement reservoir and is being developed using an Early Production System to facilitate early oil production.