Hansa picks up gas field stakes

OE Staff
Monday, August 12, 2013

Hansa Hydrocarbons is to acquire stakes in three southern North Sea gas fields from a subsidiary of Noble Energy.

Under an agreement with Noble Energy Capital Limited, it will gain 24% equity interest in the Malory field, 25% in the Guinevere field and 2% in the Lancelot field, and associated pipeline and compression facilities.

The remaining equity is held by Perenco, operator of the facilities.

The three fields are in Blocks 48/12d and 48/17b of the UK southern North Sea, about 60km north of the Norfolk coastline. 

Production started from Lancelot and Guinevere in 1993, and from Malory in 1998. The fields form part of the Lancelot Area Pipeline System (LAPS) catchment area, where production is delivered through a dedicated pipeline and onshore compression facility to the Perenco Bacton gas processing facilities in Norfolk.

For 2012, combined production of the three fields was 21MM cu ft/d gross or 3MM cu ft/d net to the Noble interests.

Categories: Europe Natural Gas

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