Dana Begins Western Isles Drilling Operations Ahead of Schedule

Dana Petroleum has started drilling operations on its Western Isles Development Project two months ahead of schedule.

The work is being undertaken by the drilling rig Ocean Nomad, leased from Diamond Offshore, in the Northern North Sea.

Western Isles is a $1.6 billion development project which is exploiting two discovered oil fields, called Harris and Barra, located 160km east of the Shetlands and 12km west of the Tern field.

The nine-well development is expected to produce more than 40,000 barrels of oil equivalent, adding more than 30,000 barrels (net) to Dana’s daily production when it comes onstream in 2015.

Paul Griffin, Dana’s UK managing director, said, “Beginning drilling two months ahead of schedule is another very important milestone for the Western Isles Project and Dana. Western Isles is a key project for our future growth ambitions as we aim to significantly grow our production.”

[mappress]
Press Release, September 03, 2013