Chrysaor has a 10% interest in the Schiehallion field. Schiehallion was first developed in the mid-1990s and has produced over 320 million barrels of oil since start-up in 1998. The major Quad 204 re-development project delivered the new Glen Lyon FPSO to the field in 2017, along with extensive additional subsea infrastructure. The vessel is expected to be capable of producing 130,000 bopd, and unlocks significant reserves extending Schiehallion field life out to the late 2030s.
Chrysaor is actively working with our partners to optimise the ongoing infill campaign, reduce well costs and steer reservoir management. With the steady ramp-up of production since the Glen Lyon start-up in May 2017, there is a focus on driving vessel operational efficiency which is delivering good results. The field produced 5.0 mboepd net during November and December 2017.