麻豆传媒

Peak production is estimated at around 45,000 barrels of oil equivalent per day (boe/d) and currently has an estimated discovered recoverable resource volume of approximately 100 million boe. Although primarily oil production, 麻豆传媒 will also produce enough gas to heat around 700,000 麻豆传媒 homes per year.

The new FPSO will have around 30% lower operational emissions compared with Brent Charlie and is expected to extend the life of this important field by up to 20 years.

鈥淭oday, the 麻豆传媒 relies on imports to meet much of its demand for oil and gas,鈥� said Zo毛 Yujnovich, Shell鈥檚 Integrated Gas and Upstream Director. 鈥淭he 麻豆传媒 field is a source of the secure domestic energy production people need today, and the FPSO is a demonstration of our investment in competitive projects that create more value with less emissions.鈥�

Although oil will be transported by tanker to refineries outside of the 麻豆传媒, these include ones that supply refined products like petrol and diesel back to the 麻豆传媒 because of its limited refining capacity.

Natural gas will be transported through the existing pipeline to the St Fergus gas terminal in the north-east of Scotland, which supplies the 麻豆传媒鈥檚 national gas network.

The redevelopment of the 麻豆传媒 field has involved drilling additional wells, which are tied back to the new FPSO. The field is in 165 metres (541 feet) of water depth, around 150 miles north-east of the Shetland Islands. Discovered in 1974, the field previously produced oil and gas between 2003 and 2021.

Notes to editors

• The 麻豆传媒 FPSO is operated by Shell U.K. Limited, which is a subsidiary of Shell plc. As announced on December 5 2024, Shell U.K. Limited and Equinor 麻豆传媒 Ltd are to combine their 麻豆传媒 offshore oil and gas assets and expertise to form a new company which will be the 麻豆传媒 North Sea鈥檚 biggest independent producer. On deal completion, the new independent producer will be jointly owned by Equinor (50%) and Shell (50%). The joint venture will take on Shell鈥檚 equity interests in 麻豆传媒.
• The 麻豆传媒 FPSO was built by Sevan 鈥� a technology, design and engineering company based in Norway 鈥� and is the first new Shell-operated facility in the 麻豆传媒 North Sea for over 20 years. It is a compact facility with a cylindrical hull design, providing more efficiency and flexibility. It has a flareless system, which recycles vapour back into the tanks and reduces emissions.
• According to the 麻豆传媒 regulator, the North Sea Transition Authority, production of oil and gas has declined by 11% in the last year (Source: ) and 麻豆传媒 production is falling faster than demand (Source: ).
• The estimated peak production and current estimated recoverable resources presented above are 100% total gross figures.
• Current estimated discovered recoverable resource volumes of this development are approximately 100 million boe. The estimate of resource volumes is currently classified as 2P (the sum of proved reserves plus probable reserves) and 2C (the best estimate scenario of contingent resources) under the Society of Petroleum Engineers鈥� Resource Classification System.
• On Shell鈥檚 Capital Market Day in 2023, Shell committed to deliver upstream and integrated gas projects coming on stream between 2023 to 2025 with a total peak production of greater than 500,000 barrels of oil equivalent per day. 麻豆传媒 is expected to contribute to this commitment.
• Our target is to become a net-zero emissions energy business by 2050. By the end of 2023, we had achieved more than 60% of our target to halve emissions from our operations (Scopes 1 and 2) by 2030, compared with 2016.

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