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November 23, 2021

Jade Conventional Gas Field, UK

By Carmen

Jade is a producing conventional gas field located in shallow water in the UK and is operated by Chrysaor Petroleum Co UK. The field is located in block 30/2c Jade Field Area and 30/7b ALL, with water depth of 261 feet.

Field participation details

The field is owned by Siccar Point Energy, Eni, Delek Group and Harbour Energy.


Production from Jade

The Jade conventional gas field recovered 82.01% of its total recoverable reserves, with peak production in 2003. The peak production was approximately 19.55 thousand bpd of crude oil and condensate and 203 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2031. The field currently accounts for approximately 1% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 40.15 Mmboe, comprised of 11.66 Mmbbl of crude oil & condensate and 170.94 bcf of natural gas reserves. Jade conventional gas field reserves accounts 0.01% of total remaining reserves of producing conventional gas fields globally.


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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