LONDON (ShareCast) - Oilfield services company Petrofac has completed the refit of the Northern Producer floating production installation within its target schedule.

The unit has been safely moored on location on the Don Area development in the North Sea, marking the final phase of infrastructure tie-ins, commissioning and drilling operations ahead of production.

“A significant milestone has also been reached in the drilling programme,” claimed Arnjad Bseisu, chief executive of Petrofac Energy Developments.

“The Trans-ocean John Shaw has now completed drilling and the final liner has been set on the first West Don production well which achieved over 2,000ft of good quality sandstone reservoir with logged oil as per prognosis. The project remains on target for first oil production during the first half of 2009,” Bseisu added.

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