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  1. Market Data
May 12, 2022

Lochranza Conventional Oil Field, UK

By Carmen

Lochranza is a producing conventional oil field located in shallow water in the UK and is operated by Neo Energy Production UK. The field is located in block 15/20a ALL and 15/20c ALL, with water depth of 463 feet.

Field participation details

The field is owned by HitecVision.


Production from Lochranza

The Lochranza conventional oil field recovered 83.61% of its total recoverable reserves, with peak production in 2010. The peak production was approximately 10.38 thousand bpd of crude oil and condensate and 5 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2045.


Remaining recoverable reserves

The field is expected to recover 3.17 Mmboe, comprised of 3.1 Mmbbl of crude oil & condensate and 0.43 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.

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