IOG achieves first gas

UK independent flows SNS molecules to Bacton

AIM-listed producer IOG has hit a significant milestone in its Saturn Banks Southern North Sea (SNS) gas project, with the first of its Phase 1 fields starting deliveries to the Bacton receiving terminal in eastern England. The Blythe field’s debut is expected to be followed by Elgood in the next few days. An initial view on flow rates will be assessed once stable production has been established from both fields, IOG says. It will then analyse reservoir performance data over the first few months to inform an annual production guidance range. The firm has previously targeted an overall flow rate for the first two phases of Saturn Banks at 140mn ft³/d (4mn m³/d), while an Elgood well in July l