Antrim Energy has submitted a final field development plan (FDP) to the Department of Energy and Climate Change (DECC) to drill the Causeway field in the UK Continental Shelf in the North Sea.

The company plans to drill the field, which is located in block 211 / 22a South West Area and block 211 / 23d, following DECC’s approval later this year.

Antrim will drill a water injection well and a production well, which will begin oil production by mid-2012.

Hydrocarbons produced at the field will be transported to and processed at the Cormorant North platform, which is operated by TAQA Bratani.

Antrim’s reserves evaluator McDaniel and Associates Consultants estimate that 8.9 million barrels of proved plus probable oil reserves are held in the East and Far East fault compartments.

The Causeway FDP is estimated to cost $32m, inclusive of the $21.8m associated with the previously announced sale of Antrim Causeway.

The company has placed orders for all long-lead equipment and the operator has awarded a letter of intent for the main subsea installation contract to Technip UK.