Alligin forms part of the Greater Schiehallion Area and has been developed as a two-well subsea tieback into the existing Schiehallion and Loyal subsea infrastructure and the Glen Lyon floating, production, storage, offload (FPSO) vessel.
It is a 20 million barrels of oil equivalent field, which was originally forecast to produce 12,000 barrels gross of oil equivalent a day at peak.
The project’s performance has been better than expected, however, reaching 15,000 barrels gross of oil equivalent a day at peak since start-up in late December.
Ariel Flores, North Sea regional president, BP
The development has included new subsea infrastructure, consisting of gas lift and water injection pipeline systems, and a new controls umbilical.
BP North Sea regional president Ariel Flores said: “Achieving first oil from the Alligin field safely, under budget and ahead of schedule is testament to the performance of the project team and their agile approach to planning and execution.
“Alligin is part of BP’s advantaged oil strategy, a development with a shorter project cycle time with oil that is economic to produce and low risk to bring to market. Subsea tiebacks like this complement our major start-ups and help underpin our growing portfolio west of Shetland.”
Alligin (BP 50% operator; Shell 50%) is part of a series of infrastructure-led subsea tieback developments in the North Sea, accessing new production from fields located near to established producing infrastructure.
BP North Sea press office: +44 (0)7584 396 085
BP press office, London: +44 (0)20 7496 4076, email@example.com
In order to utilize the ‘safe harbor’ provisions of the United States Private Securities Litigation Reform Act of 1995 (the ‘PSLRA’), BP is providing the following cautionary statement. This press release contains certain forward-looking statements – that is, statements related to future, not past events and circumstances – which may relate to one or more of the financial condition, results of operations and businesses of BP and certain of the plans and objectives of BP with respect to these items. These statements are generally, but not always, identified by the use of words such as ‘will’, ‘expects’, ‘expected to’, ‘aims’, ‘targeted’, ‘should’, ‘could’, ‘may’, ‘objective’, ‘is likely to’, ‘intends’, ‘believes’, ‘anticipates’, ‘plans’, ‘we see’ or similar expressions. Actual results may differ from those expressed in such statements, depending on a variety of factors including the risk factors set forth in our most recent Annual Report and Form 20-F under “Risk factors” and in any of our more recent public reports.
This document contains references to non-proved resources and production outlooks based on non-proved resources that the SEC's rules prohibit us from including in our filings with the SEC. U.S. investors are urged to consider closely the disclosures in our Form 20-F, SEC File No. 1-06262.
Our most recent Annual Report and Form 20-F and other period filings are available on our website at www.bp.com or can be obtained from the SEC by calling 1-800-SEC-0330 or on its website at www.sec.gov.