Crathes is a producing conventional oil field located in shallow water in the UK and is operated by EnQuest Heather. The field is located in block 21/13a CRATHES DEVELOPMENT AREA and 21/12c CRATHES DEVELOPMENT AREA, with water depth of 308 feet.
Field participation details
The field is owned by EnQuest and MOL Hungarian Oil and Gas.
Production from Crathes
The Crathes conventional oil field recovered 50.88% of its total recoverable reserves, with peak production in 2017. The peak production was approximately 4.58 thousand bpd of crude oil and condensate and 2 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2050.
Remaining recoverable reserves
The field is expected to recover 6.77 Mmboe, comprised of 6.42 Mmbbl of crude oil & condensate and 2.09 bcf of natural gas reserves.
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.