Marigold is a conventional oil development located in shallow water in the UK and is operated by Anasuria Hibiscus UK. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Marigold was discovered in 2005, lies in block 15/13a ALL, with water depth of around 490 feet. Buy the profile here.
Smarter leaders trust GlobalData
The project is currently in approval stage and is expected to start commercial production in 2028. Final investment decision (FID) of the project will be approved in 2025. The Marigold conventional oil development will involve the drilling of approximately three wells and includes subsea manifold and subsea trees.
Field participation details
The field is owned by Aban Offshore and Hibiscus Petroleum.
Production from Marigold
Production from the Marigold conventional oil development project is expected to begin in 2028 and is forecast to peak in 2029, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2060.
See Also:
Contractors involved in the Marigold conventional oil field
Some of the key contractors involved in the Marigold project as follows.
Design/FEED Engineering: Worley
Other Contractors: Repsol, Petrofac, TechnipFMC, Technip Energies and Prism Energy
For more details on the Marigold Conventional Oil Field, buy the profile here.
Premium Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
