Shell Starts Gas Production at UK’s Victory Field

Core Insights - Shell UK has commenced production from the Victory gas field in the North Sea, which is crucial for enhancing Britain's energy security by ensuring a stable domestic gas supply for various sectors [1][4] Production and Infrastructure - Gas extraction is initiated from a single subsea well, utilizing existing pipeline infrastructure to transport gas to the Shetland Gas Plant, which then feeds into the national grid [2] - The Victory field is projected to reach a peak output of approximately 150 million standard cubic feet of gas per day, equivalent to around 25,000 barrels of oil per day, sufficient to heat nearly 900,000 homes annually [3] Strategic Importance - The Victory gas field is expected to play a significant role in the UK's energy landscape, acting as a bridge fuel and stabilizer in the energy mix while supporting the transition to renewable energy sources [5] - Shell plans to transfer the operation of the Victory field to a new joint venture, Adura, which will be co-owned with Equinor, with regulatory approval expected to be finalized by the end of 2025 [4]