Drake is a producing conventional gas field located in shallow water in the UK and is operated by Chrysaor North Sea. The field is located in block 22/5b ARMADA, with water depth of 295 feet.
Field participation details
The field is owned by Harbour Energy.
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Production from Drake
The Drake conventional gas field recovered 97.20% of its total recoverable reserves, with peak production in 1999. The peak production was approximately 7.71 thousand bpd of crude oil and condensate and 148 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2031.
Remaining recoverable reserves
The field is expected to recover 2.21 Mmboe, comprised of 0.35 Mmbbl of crude oil & condensate and 11.16 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.
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