Balloch is a producing conventional oil field located in shallow water in the UK and is operated by Neo Energy Production UK. The field is located in block 15/20a ALL, with water depth of 469 feet.
Field participation details
The field is owned by HitecVision.
Production from Balloch
The Balloch conventional oil field recovered 68.11% of its total recoverable reserves, with peak production in 2016. The peak production was approximately 26.2 thousand bpd of crude oil and condensate and 14 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2080.
Remaining recoverable reserves
The field is expected to recover 16.37 Mmboe, comprised of 15.1 Mmbbl of crude oil & condensate and 7.59 bcf of natural gas reserves.
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.