B8 is a producing conventional oil field located in shallow water in Poland and is operated by B8 SP. Z.O.O Baltic Spolka Komandytowo Akcyjna. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block B 8, with water depth of 276 feet. Buy the profile here.
Field participation details
The field is owned by Polski Koncern Naftowy Orlen.
Production from B8
The B8 conventional oil field recovered 33.80% of its total recoverable reserves, with peak production expected in 2026. The peak production will approximately 3.73 thousand bpd of crude oil and condensate and 2.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2056. The field currently accounts for approximately 4% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 16.30 Mmboe, comprised of 14.77 Mmbbl of crude oil & condensate and 9.15 bcf of natural gas reserves.
For more details on the B8 Conventional Oil Field, buy the profile here.