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April 13, 2016

Premier confirms first oil from Solan field, Scotland, UK

UK-based oil company Premier Oil has produced the first oil from Solan field, west of Shetland, Scotland.

UK-based oil company Premier Oil has produced the first oil from Solan field, west of Shetland, Scotland.

The company stated that the first producer well (P1) is being naturally flowed at an intentionally restricted initial rate and will remain free flowing for a short period, when the electrical submersible pump (ESP) will be switched on.

Premier Oil is planning to shutdown productions after this first period in order to finish final commissioning of the water injection plant and the tie-in of the second water injection well (W2), as well as preparation for the tie in of the second producer well (P2).

"Production from the field is expected to increase to a rate of 20,000bpd to 25,000bpd in the second half of this year."

Currently, the Ocean Valiant rig is drilling the second producer well (P2y) and intersected 1,500ft of high-quality reservoir sands. The P2y is slated to be completed and tied-in by middle part of this year.

Production from the field is expected to increase to a rate of 20,000bpd to 25,000bpd in the second half of this year once both pairs of producer-injector wells come on stream.

Initially, Premier Oil was expecting to achieve first oil from Solan in the fourth quarter of last year, but unexpected weather conditions delayed this plan, reports BBC.

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Last year, the company curbed the valuation of its fully owned Solan field by $385m, partly because of a rise in the cost of getting it to production.

Currently, the company has a portfolio of nearly ten development projects, which include the Catcher and Solan projects on the UK Continental Shelf; the Vette project in Norway and other projects in Indonesia.

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