Receive our newsletter – data, insights and analysis delivered to you
  1. Market Data
November 24, 2021

Buzzard Conventional Oil Field, UK

By Carmen

Buzzard is a producing conventional oil field located in shallow water in the UK and is operated by CNOOC Petroleum Europe. The field is located in block 19/10a ALL, 19/5a ALL, 20/6a ALL, and 20/1 SOUTH AREA OF THE BLOCK, with water depth of 382 feet.

An expansion project is associated with the Buzzard, namely Buzzard Phase II. This project is currently in the commissioning stage, expected to start in 2021.

Field participation details

The field is owned by Suncor Energy, China National Offshore Oil, Harbour Energy and ONE-Dyas.


Production from Buzzard

The Buzzard conventional oil field recovered 81.72% of its total recoverable reserves, with peak production in 2008. The peak production was approximately 199.73 thousand bpd of crude oil and condensate and 40 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2039. The field currently accounts for approximately 5% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 178.26 Mmboe, comprised of 170.88 Mmbbl of crude oil & condensate and 44.31 bcf of natural gas reserves. Buzzard conventional oil field reserves accounts 0.04% of total remaining reserves of producing conventional oil fields globally.


Contractors involved in the Buzzard conventional oil field

Some of the key contractors involved in the Buzzard project as follows.

Design/FEED Engineering: Worley

Main EPC: Subsea 7 and Worley

Other Contractors: A.P. Moller – Maersk, Aker Solutions, Allseas Group, Baker Hughes and China National Offshore Oil

Content from our partners
Green investment: What gives Scotland multiple advantages
How the North of Tyne region is leveraging its legacy to define its future
Q&A with Chevron Lubricants’ Paul Sly, global industrial OEM specialist, and Nathan Knotts, global brand technical manager

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