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Alder gasfield development project, UK

21st February 2014

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

  

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Name and Location
Alder gasfield development project, North Sea, UK.

Client
Chevron North Sea operates the project and has a 73.684% share, with coventurer ConocoPhillips holding a 26.316% share.

Project Description
Alder has a design capacity of 110-million cubic feet of natural gas and 14 000 bbl/d of condensate. Discovered in 1975, it was recently enabled by innovative technologies to manage the high-pressure, high-temperature gas condensate field, in Block 15/29a, in water 150 m deep.

Value
Not stated.

Duration
First production is expected in 2016.

Latest Developments
Chevron North Sea Limited reached a final investment decision and received approval from the UK government to proceed with the development of the Alder field, in the Central North Sea, in January this year.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Not stated.

Contact Details for Project Information
Chevron Corporation, Sally Jones, tel +44 560 109 1435 or email Joness@chevron.com.
ConocoPhillips, tel +1 281 293 1000.

Edited by Martin Zhuwakinyu
Creamer Media Magazine Managing Editor

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