Joint Lowlander/Perth offshore development in prospect for North Sea

Offshore staff

ABERDEEN, UK – Faroe Petroleum has agreed to take a 50% interest from Talisman Sinopec in UK central North Sea license P.324, block 14/20c.

This contains Lowlander, an Upper Jurassic Piper sand oil field discovered in 1987 by the Texaco-drilled 14/20b-17 well.

The field, which was fully appraised by subsequent wells, has sour characteristics, similar to those of the Perth field development 16 km (9.9 mi) distant, in which Faroe has a 34.62% interest. The work program will include a joint Perth/Lowlander development study.

Graham Stewart, CEO of Faroe, said: “The collective volumes in these fields are significant, considering their central location in the UK North Sea…”


Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...