The Stella Field is located in UKCS Block 30/6a, c. 230 km SE of Aberdeen. Stella Field is a four-way, dip-closed and salt-cored dome with a 600 ft gas-condensate column underlain by a 250 ft oil column within the 5–30 ft thick Paleocene Andrew Sandstone Member. Oil is also present in the underlying chalk reservoirs of the Danian Ekofisk and Maastrichtian Tor formations. Following the discovery of the field in 1979 there have been three phases of appraisal followed by the recent development, with first oil in February 2017.

The field development has been challenging as the 38-year gap between discovery and first oil illustrates. Principal challenges have included structural undulations and radial faulting combined with a thin primary reservoir, variation in hydrocarbon, compartmentalization and depletion relating to producing fields. These issues have been reviewed following the latest drilling results and ideas on the petroleum geology updated.

Block 30/6a, containing the Stella Field, was originally awarded to Shell/Esso in the first Licensing Round in 1964 as part of multi-block licence P011. The current Stella P.011 licence holders are Ithaca Energy (UK) Limited (operator) with 54.66%, Dyas UK Limited with 25.34% and Petrofac GSA Limited with 20%.