Onshore and Offshore – Caithness oil prospects

Onshore and Offshore – Caithness Oil Prospects 

Peter O’Sullivan, Chief Operating Officer with Caithness Petroleum, told delegates about the company and its plans.

Caithness Petroleum is an independent, privately owned, oil and gas exploration and production company which was established in 2006. It is headquartered in London with offices in Morocco and USA.

The company’s main partners are Reach Exploration (UK) Limited, (co-sponsors of the Moray Firth SAC Management Plan), ONHYM the state oil company in Morocco, and JW Operating Company in the USA.

Caithness Petroleum’s plans for the Inner Moray Firth in 2009 include installing permanent production facilities at Lybster, drilling and testing an exploration well and developing any further discoveries from the shore.

“The Lybster drilling site is sensitive to environmental considerations” said Peter. “The company will measure seismic impacts and take steps to minimise the impacts. During the last survey, Caithness Petroleum worked to minimise disturbance to seals. The main impact on dolphins is that it moves them out of the area. There are onboard monitoring systems that will detect dolphin presence so that operations cease until they move on.”
Lybster crude oil will be road tankered from the well site to Nigg.

Wherever possible, the company intends to use local business partners, for plant fabrication and installation, and engineering and construction services, as well as operations staff.

To read Peters full presentation please click here.  (989kb pdf)