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Upcoming Projects: DTI grants Dana, Venture approval for Gadwall

Posted on 25.09.2004 - 11:50 EDT in UPCOMING PROJECTS by ginamc

Dana Petroleum received the U.K. Department of Trade and Industry’s approval to develop the the Gadwall oil field in block 21/19 of the Greater Kittiwake Area. The central North Sea acreage surrounds the Kittiwake production platform, in which Dana and Venture Production each have a 50-percent interest. Gadwall will be a sub-sea tie back to the Kittiwake platform and utilize a single producer-injector pair of wells. The suspended well will be completed to produce by year-end. First oil is expected by February. Dana estimates for Gadwell’s proven and probable recoverable reserves are 7.3 million barrels of oil equivalent.

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Source: OilPort.net
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