User:The joy of all things/subpage 12
| Sea Lion Field | |
|---|---|
  Oil field location off the coast of South America | |
| Country | Falkland Islands |
| Region | South Atlantic |
| Location | 220 kilometres (140 mi) north of East Falkland |
| Block | 14/10 |
| Offshore/onshore | Offshore |
| Coordinates | 49°15′56″S 59°015′18″W / 49.26556°S 59.25500°W[1] |
| Operator | Rockhopper Exploration |
| Field history | |
| Discovery | 2010 |
Sea Lion Field is a prospective oil field in the South Atlantic Ocean, some 220 kilometres (140 mi) north of the Falkland Islands. The field is estimated to have a reserve of nearly 800 million barrels of oil, which makes it larger than any North Sea oil projects. The field has divided opinion and the British Government state it should not go ahead as they have cancelled all new oil and gas licences, however, the Falkland Islands Government state that this is a matter for them as a devolved entity, an not part of United Kingdom law. The project is expected to generate £4 billion in income for the Falkland Islands.
History
[edit]The field was discovered in 2010 in water depth up to 450 metres (1,480 ft), and an initial estimated reserve of 500 million barrels of oil.[2] The initial drilling phase is expected to produce up to 55,000 barrels of oil per day (bopd), expected to ramp up to 80,000 bopd when the project is in full operation.[3]
The project is expected to last for 35 years and generate around £4 billion in revenue for the Falkland Islands, (which has a population of just under 3,700), which equates to about £1 million per islander.[4]
Objections
[edit]References
[edit]- ^ EISSLF 2024, p. 138.
- ^ "Sea Lion Oil Field, Falkland Islands". NS Energy. 10 November 2023. Retrieved 28 September 2024.
- ^ Čavčić, Melisa (8 July 2024). "Sea lion ready to roar as 'next big thing' once Falkland Islands gives the all-clear". Offshore Energy. Retrieved 28 September 2024.
- ^ Leake, Jonathan (28 September 2024). "Falklands risks row with Britain over new oil field". The Daily Telegraph. No. 52, 684. p. 35. ISSN 0307-1235.
Sources
[edit]- Environmental impact statement the Sea Lion Field Northern Development area, phase 1 & 2 volume I: chapters 1 to 7 (PDF). navitaspet.com (Report). Navitas Petroleum. July 2024. Retrieved 28 September 2024.