EurOil: Shell FIDs Jackdaw
Shell has taken a final investment decision (FID) on developing the Jackdaw gas field in the UK North Sea, having overcome previous environmental opposition to the project.
Jackdaw, situated some 250 km east of Aberdeen, will comprise a normally unmanned wellhead platform along with subsea infrastructure tied back to Shell’s existing Shearwater gas hub. The project is expected to come on stream in the second half of 2025, with production seen peaking at 40,000 barrels of oil equivalent per day (boepd) – more than 6% of UK North Sea gas production at that time. The field is estimated to hold between 120 and 250mn barrels of oil equivalent (boe) in reserves.
The project was held up last year after Shell’s environmental statement was rejected, and the UK major responded by amending the plan to include new processes for gas venting and treatment. The company now estimates that operational emissions from the field will be less than 1% of the whole UK basin.
Shell earlier pledged to spend GBP500mn ($600mn) on Jackdaw’s development, estimating that the investment would provide a “significant boost to companies, jobs and the prosperity of communities.”
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