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  1. Market Data
May 2, 2022

Machar Conventional Oil Field, UK

By Carmen

Machar is a producing conventional oil field located in shallow water in the UK and is operated by BP Exploration Operating. The field is located in block 23/26a MACHAR FIELD EXCLUDING ERSKINE, with water depth of 915 feet.

Field participation details

The field is owned by BP.


Production from Machar

The Machar conventional oil field recovered 90.35% of its total recoverable reserves, with peak production in 1999. The peak production was approximately 36.17 thousand bpd of crude oil and condensate and 29 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2036. The field currently accounts for approximately 1% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 15.82 Mmboe, comprised of 7.35 Mmbbl of crude oil & condensate and 50.82 bcf of natural gas reserves.


About BP Exploration Operating

BP Exploration Operating Company is the holding entity for several of the exploration and production subsidiaries of BP plc.

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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