B.C 8.LF is a producing conventional oil field located in shallow water in Italy and is operated by Edison Exploration & Production. The field is located in block B.C 8.LF, with water depth of 820 feet.
An expansion project is associated with the B.C 8.LF, namely Rospo Development. This project is currently in the construction stage.
Field participation details
The field is owned by Eni and Energean.
Production from B.C 8.LF
The B.C 8.LF conventional oil field recovered 78.67% of its total recoverable reserves, with peak production in 1990. The peak production was approximately 31.8 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2077. The field currently accounts for approximately 2% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 31.77 Mmboe, comprised of 31.77 Mmbbl of crude oil & condensate. B.C 8.LF conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.
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.