B.C 7.LF is a producing conventional oil field located in shallow water in Italy and is operated by Edison Exploration & Production. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block B.C 7.LF, with water depth of 164 feet. Buy the profile here.
Field participation details
The field is owned by Energean and Gas Plus.
Production from B.C 7.LF
The B.C 7.LF conventional oil field recovered 89.65% of its total recoverable reserves, with peak production in 1986. The peak production was approximately 7.96 thousand bpd of crude oil and condensate and 15.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2039. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 6.28 Mmboe, comprised of 6.05 Mmbbl of crude oil & condensate and 1.34 bcf of natural gas reserves.
For more details on the B.C 7.LF Conventional Oil Field, buy the profile here.
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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.
