A Qualified UKCS Operator:
Existing technical and operational resources with UKCS delivery experience.
Whalsay Energy is the 100% Licence Holder of P.1078, containing the Bentley field.
Bentley, located in Block 9/3b, 150km east of the Shetland Islands, is one of the largest undeveloped oil fields in the UK North Sea.
Since mid-2017, Whalsay Energy has been using an industry standard Front-End-Loading process to develop a technically credible and cost effective phased development solution, with a life-cycle cost of less than $33 per barrel.
The first phase of the development targets 112 MMstb of P50 reserves over a 23-year period from the core area of the field, where there is the greatest well control and least reservoir uncertainty.
Data from the first phase will form the foundation of an ongoing appraisal process for future phases to maximise the overall economic recovery of the field.