A research center based in Aberdeen and supported by the UK and Scottish governments is seeking low-cost ways to develop marginal oil and gas discoveries on the UK Continental Shelf. The Oil & Gas Technology Center (OGTC) says its Facility of the Future initiative targets 3.5 billion bbl of reserves.
A research center based in Aberdeen and supported by the UK and Scottish governments is seeking low-cost ways to develop marginal oil and gas discoveries on the UK Continental Shelf.
The Oil & Gas Technology Center (OGTC) says its Facility of the Future initiative targets 3.5 billion bbl of reserves.
It “will develop lower-cost, reusable, smart facilities that are operated remotely from onshore control centers,” the OGTC says.
To start the program, Buoyant Production Technologies Ltd., a subsidiary of Crondall Energy, London, will conduct a multipartner study to develop a floating-facility concept that expands capabilities of fixed, normally unattended installations, which are typically used in shallow-water gas fields.
