View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Market Data
April 28, 2022

Leverett Conventional Oil Field, UK

By Carmen

Leverett is a conventional oil development located in shallow water in the UK and is operated by NEO Energy (ZNI). Leverett lies in block 21/3d ALL, with water depth of around 820 feet.

The project is currently in feasibility stage and is expected to start commercial production in 2025. Final investment decision (FID) of the project will be approved in 2022. The Leverett conventional oil development will involve the drilling of approximately four wells and includes subsea tree.

Field participation details

The field is owned by HitecVision.


Production from Leverett

Production from the Leverett conventional oil development project is expected to begin in 2025 and is forecast to peak in 2026, to approximately 9,360 bpd of crude oil and condensate and 120 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2057.


Remaining recoverable reserves

The field is expected to recover 53.53 Mmboe, comprised of 17.07 Mmbbl of crude oil & condensate and 218.8 bcf of natural gas reserves.


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

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Offshore Technology