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  1. Market Data
May 13, 2022

Everest Conventional Gas Field, UK

By Carmen

Everest is a producing conventional gas field located in shallow water in the UK and is operated by Chrysaor. The field is located in block 22/10a ALL, 22/14a EVEREST FIELD AREA (MONTROSE SEQUENCE), 22/5d ALL, and 22/9a REST OF BLOCK, with water depth of 301 feet.

Two expansion projects are associated with the Everest conventional gas field, namely Everest Late Life Compression Project and Everest East Expansion. The expansion projects are currently in the feasibility and construction stage, targeting start-up during 2022 – 2023.

Field participation details

The field is owned by Harbour Energy.


Production from Everest

The Everest conventional gas field recovered 96.48% of its total recoverable reserves, with peak production in 1998. The peak production was approximately 6.79 thousand bpd of crude oil and condensate and 181 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2029. The field currently accounts for approximately 1% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 7.93 Mmboe, comprised of 3.39 Mmbbl of crude oil & condensate and 27.25 bcf of natural gas reserves.


Contractors involved in the Everest conventional gas field

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

Other Contractors: Applied Petroleum Technology, Otormeking Engineering and Design Nigeria, Stork Technical Services Group and Subsea 7

About Chrysaor

Chrysaor, Ltd. is an oil and gas exploration and production company.

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

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