Fairfield Energy has announced plans to decommission its Dunlin Alpha platform in the North Sea not much longer than a year after it took over duty holder responsibilities for the platform.
Production from all Dunlin cluster fields will shut down in mid-June ahead of the decommissioning process, reported the BBC.
Dunlin Alpha will remain "fully manned and operational," exporting third-party oil into the Brent system pipeline in the meantime.
Fairfield cited the depressed oil price and "challenging operational conditions" as reasons for the move.
The Dunlin field started production in August 1978, with production peaking at about 120,000 b/d in 1979.
The field is about 300mi north-east of Aberdeen. It was originally operated by Shell but Fairfield acquired the Dunlin, Dunlin SW, Merlin and Osprey fields in 2008.
Fairfield Energy is a UK-focused operator, with offices in Staines-upon-Thames, Middlesex and in Aberdeen.