View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Market Data
November 24, 2021updated 27 Apr 2022 11:54am

Alba Heavy Oil Field, UK

By Carmen

Alba is a producing heavy oil field located in shallow water in the UK and is operated by Ithaca MA . The field is located in block 16/26a AREA A – ALBA FIELD AREA, with water depth of 460 feet.

An expansion project is associated with the Alba, namely Alba Infill Drilling Project. This project is currently in the construction stage, expected to start in 2023.

Field participation details

The field is owned by Delek Group , Waldorf Production , HitecVision , EnQuest , Centrica and Stadtwerke Munchen.


Production from Alba

The Alba heavy oil field recovered 91.28% of its total recoverable reserves, with peak production in 1997. The peak production was approximately 90.78 thousand bpd of crude oil and condensate and 24 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2041. The field currently accounts for approximately 1% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 43.83 Mmboe, comprised of 40.83 Mmbbl of crude oil & condensate and 18 bcf of natural gas reserves. Alba heavy oil field reserves accounts 0.10% of total remaining reserves of producing heavy oil fields globally.


Contractors involved in the Alba heavy oil field

The key contractors involved in the Alba project as follows.

EPC Contractors: Petrofac

About Ithaca MA

Ithaca MA Ltd (Ithaca MA ) is an oil and gas exploration and production company. Ithaca MA is headquartered in Leeds,Yorkshire, the UK.

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Offshore Technology