Machar is a producing conventional oil field located in shallow water in the UK and is operated by BP Exploration Operating. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block 23/26a MACHAR FIELD EXCLUDING ERSKINE, with water depth of 915 feet. Buy the profile here.
Field participation details
The field is owned by BP.
Production from Machar
The Machar conventional oil field recovered 92.94% of its total recoverable reserves, with peak production in 1999. Based on economic assumptions, production will continue until the field reaches its economic limit in 2032. The field currently accounts for approximately 1% of the country’s daily output.
About BP Exploration Operating
BP Exploration Operating Company is the holding entity for several of the exploration and production subsidiaries of BP plc.
See Also:
For more details on the Machar Conventional Oil Field, buy the profile here.
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