Farragon 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 16/23a SOUTHERN AREA OF BLOCK and 16/28a EXCLUDING ANDREW & CYRUS FIELDS, with water depth of 354 feet.
Field participation details
The field is owned by China National Offshore Oil and BP.
Production from Farragon
The Farragon conventional oil field recovered 98.77% of its total recoverable reserves, with peak production in 2006. The peak production was approximately 18.67 thousand bpd of crude oil and condensate and 10 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2025.
Remaining recoverable reserves
The field is expected to recover 0.3 Mmboe, comprised of 0.29 Mmbbl of crude oil & condensate and 0.1 bcf of natural gas reserves.
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.