UK Northern North Sea
Viaro Energy acquired a 15% non-operated interest in the Bressay oil field, located in the UK Northern North Sea, and a 15% interest in the EnQuest Producer Floating Production Storage and Offloading (FPSO) unit from EnQuest in late 2023.
Bressay Field
The Bressay field is considered to be one of the largest undeveloped oil fields on the UKCS. The field is operated by EnQuest, and studies are ongoing to progress Bressay to …development via an early production system (EPS) utilising the EnQuest Producer FPSO.
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Equity
15%
Status
Pre-development
Location
Discovered in 1976, Bressay lies in UKCS Blocks 3/28a, 3/27b, 3/28b, 9/2a, and 9/3a of the Northern North Sea, east of the Shetland Islands.
Potential
The Bressay field contains more than 115MMbbls of gross 2C resources with an estimated Ultimate Recoverable volume of 285 MMBBL. The EPS development is expected to deliver approximately 35 MMBBL, with learnings from the EPS being utilised to progress plans for full field development.
Latest Production Results
EnQuest Producer capacity:
Gross Liquid 140 kbbl /d
Oil Separation 57 kbbl /d – 45.6 kbbl/d Oil, 11.4 kbbl/d Diluent (20%)
Cargo storage of 600,000bbl
Other Operations…
UK Southern North Sea
UK Central North Sea
West of Shetland
The Netherlands
