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Sea Lion Oil Project Phase 1 Development

Sector: Oil and Gas • Location: Falkland Islands

Source: Offshore-Energy

Project
Awarded

The Sea Lion oil project in the North Falkland Basin involves the development of Phase 1 of the field located north of the Falkland Islands. The project includes drilling 11 subsea wells tied back to a redeployed FPSO vessel, with Phase 1 targeting 170 million barrels of oil and a peak production of approximately 50,000 barrels per day. Phase 2 will add a further 12 wells within three years of fir

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The project “Sea Lion Oil Project Phase 1 Development” is an infrastructure initiative in the Oil and Gas sector, located in Falkland Islands. Taiyo aggregates data on it from Offshore-Energy.

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Participants

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Description

Description

The Sea Lion oil project in the North Falkland Basin involves the development of Phase 1 of the field located north of the Falkland Islands. The project includes drilling 11 subsea wells tied back to a redeployed FPSO vessel, with Phase 1 targeting 170 million barrels of oil and a peak production of approximately 50,000 barrels per day. Phase 2 will add a further 12 wells within three years of first oil. The project aims to produce first oil by 2028 and has a development and production license lasting 35 years or longer.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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