Clair Ridge is a producing conventional oil field located in shallow water in the UK and is operated by BP Exploration Operating. The field is located in block 206/8 ALL, with water depth of 718 feet.
Field participation details
The field is owned by Shell, Chevron, Harbour Energy and BP.
Production from Clair Ridge
The Clair Ridge conventional oil field recovered 11.12% of its total recoverable reserves, with peak production expected in 2025. The peak production will approximately 63.19 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 2059. The field currently accounts for approximately 3% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 336.99 Mmboe, comprised of 316.94 Mmbbl of crude oil & condensate and 120.32 bcf of natural gas reserves. Clair Ridge conventional oil field reserves accounts 0.07% of total remaining reserves of producing conventional oil fields globally.
About BP Exploration Operating
BP Exploration Operating Company is the holding entity for several of the exploration and production subsidiaries of BP plc.
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.