Franklin is a producing conventional gas field located in shallow water in the UK and is operated by Total E&P UK. The field is located in block 29/5b ALL, 29/4d ALL, and 29/5c ALL, with water depth of 991 feet.
Two expansion projects are associated with the Franklin conventional gas field, namely Franklin Infill Development and Franklin WFF Infill Development. The expansion projects are currently in the approval and feasibility stage.
Field participation details
The field is owned by TotalEnergies, Eni, Harbour Energy, ONE-Dyas, Sumitomo, Delek Group and Exxon Mobil.
Production from Franklin
The Franklin conventional gas field recovered 70.06% of its total recoverable reserves, with peak production in 2005. The peak production was approximately 47.68 thousand bpd of crude oil and condensate and 282 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2042. The field currently accounts for approximately 4% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 194.82 Mmboe, comprised of 93.48 Mmbbl of crude oil & condensate and 608.04 bcf of natural gas reserves. Franklin conventional gas field reserves accounts 0.06% of total remaining reserves of producing conventional gas fields globally.
About Total E&P UK
Total E&P UK Ltd (Total E&P UK) is a company that explores and produces oil and gas. The company offers natural gas, crude oil, and other oil products. The company is headquartered in Aberdeen, the UK.
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.