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COLUMBUS


On the 8th of November 2018 Tailwind completed the acquisition of EOG’s UK business. The inherited EOG UK portfolio includes a 25% non-operated interest in the Columbus gas development project in the North Sea.

Columbus overview


The Columbus Field is located in blocks 23/16f and 23/11a, approximately 35km northeast of the Shell-operated Shearwater Field. Columbus is a gas-condensate accumulation in the Forties sandstone formation discovered in 2006 and has been fully appraised by four wells. The Columbus FDP was sanctioned in Q4 2018 with first gas expected in 2021. The field is operated by Serica Energy. On the 8th of November 2018 Tailwind completed the acquisition of EOG’s UK business which included a 25% non-operated interest in the Columbus gas development project in the North Sea.
On the 31st of October 2018, the OGA approved the Field Development Plan for Columbus which consists of a single subsea horizontal well, drilled north-to-south in the reservoir. The well will be drilled by Serica and be tied-back to the Shell operated Arran-Shearwater pipeline via a subsea manifold. Columbus reservoir fluids (gas and condensate) will be processed on the Shearwater platform and exported to shore via existing infrastructure. Produced water will be discharged at the Shearwater platform via existing facilities. First gas is expected in 2021.

ASSET LIFECYCLE


DISCOVERY
Decommissioning

KEY FACTS


Tailwind equity 25%

Host facility Shearwater

Planned first gas 2021
OperatorSerica Energy

Hydrocarbon phase Gas and gas condensate

NEXT MILESTONEs
Development well (2021)

Subsea tie-in (2021)

First Gas (2021)