Hurricane Energy has asked the UK Government for permission to build an early production system (EPS) on its landmark Lancaster field in the North Sea.
Lancaster, which lies about 95kilometres west of the Shetland Islands, will consist of two wells connected to an FPSO via a set of production flowlines.
Last month, Hurricane said fresh analysis on Lancaster meant previous guidance saying the field contained more than 300million barrels was likely “conservative”.
Hurricane has said it is targeting first oil from Lancaster in 2019.
The firm has sent an environmental statement for Lancaster to the UK energy department for consent to construct the EPS.
Interested parties have until April 13 to make any concerns known as part of the consultation process.
Surrey-based Hurricane was founded by chief executive Robert Trice in 2005 to discover and develop oil from naturally fractured “basement” reservoirs in rock formed more than two billion years ago.
The London-listed firm now has a portfolio of wholly-owned exploration and appraisal projects, with 450million barrels of potentially recoverable oil, focused on fractured basement prospects west of Shetland.