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 Harbour Energy, Delek Group, Siccar Point Energy and Eni.
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 2033. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 40.73 Mmboe, comprised of 13.18 Mmbbl of crude oil & condensate and 165.3 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.