ENGIE E&P UK reports first gas from Cygnus field, securing 5% of UK gas production
PARIS, France -- Cygnus, located in licence areas P1055 & P1731, 150 km off the coast of Lincolnshire, is expected to contribute 5% of UK gas production – supplying sufficient gas to heat the equivalent of 1.5 million UK homes. The project added approximately £1.3 billion to the UK economy and supported nearly 5,000 jobs during its five-year development period.
Ruud Zoon, managing director of ENGIE E&P UK Limited commented: "I’m very proud of the strong collaboration on Cygnus between partners ENGIE E&P, Centrica and Bayerngas. Together, we have successfully achieved first gas production and export from the Cygnus field. Over 5,000 colleagues, contractors and suppliers have contributed to this landmark development and, most importantly, have maintained an excellent safety record since the project was approved in 2012."
"First gas from Cygnus represents a significant boost to the UK’s long-term energy security, with an estimated production life exceeding 20 years. Furthermore, with over 80% of the contract work secured by British businesses – including fabrication yards in Hartlepool, Methil and Burntisland – it is a showcase for the technical and commercial excellence of the UK oil and gas supply chain."
The Cygnus complex, with four platforms, a total of 10 wells and two subsea structures, serves an estimated field size of 250 km2 from which it is expected to achieve plateau production of 250 MMcfd.
Bayerngas UK Managing Director Gerry Harrison added: "ENGIE E&P, Centrica and Bayerngas have worked closely together on this project since 2010. As you will hear from the partnership, most of the numbers related to this project are very large, for instance: investment, man hours, production levels, reserves, longevity. But perhaps the most important numbers are very small; our priority has always been safety and I am proud that Bayerngas has collaborated on a project with minimal lost time incidents. We are looking forward to high levels of stable production and thank all those involved in Cygnus for their hard work and dedication."
The partners are evaluating further opportunities in the Greater Cygnus area with the aim of bringing additional volumes through Cygnus when capacity becomes available. Equity interests are operator ENGIE E&P UK Limited (38.75%) and partners Centrica (48.75%) and Bayerngas (12.5%).
