Hurricane, Costain collaborate on Lancaster EPS

Offshore staff

MANCHESTER, UKCostain is working with Hurricane Energy on technical solutions to develop the fractured basement Lancaster oil field west of Shetland.

Following a two-year program, the companies have defined an initial development concept based around an early production system (EPS). This is designed to provide additional knowledge of the reservoir and minimize capital exposure, at the same time providing an economic return on the capital outlay.

The concept takes into account the current low oil price environment, Costain adds.

10/27/2015

Share your news with Offshore at news@offshore-mag.com

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

Whitepapers

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 ...