Cygnus is a producing conventional gas field located in shallow water in the UK and is operated by Neptune E&P UK. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block 44/11a ALL, 44/12a ALL, and 44/11b ALL, with water depth of 122 feet. Buy the profile here.
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Field participation details
The field is owned by Centrica, Eni and Stadtwerke Munchen.
Production from Cygnus
The Cygnus conventional gas field recovered 42.43% of its total recoverable reserves, with peak production in 2020. Based on economic assumptions, production will continue until the field reaches its economic limit in 2047. The field currently accounts for approximately 3% of the country’s daily output.
About Neptune E&P UK
Neptune E&P UK Ltd, a subsidiary of Neptune Energy Group Ltd is an energy company that carries out the exploration, development, production, processing and transportation of crude oil and natural gas. The company is headquartered in Aberdeen, Scotland, the UK.
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For more details on the Cygnus Conventional Gas Field, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
