Babbage is a producing unconventional gas field located in shallow water in the UK and is operated by Neo Energy (SNS). According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block 48/2a ALL, with water depth of 141 feet. Buy the profile here.
Field participation details
The field is owned by HitecVision and Korea National Oil.
Production from Babbage
The Babbage unconventional gas field recovered 76.85% of its total recoverable reserves, with peak production in 2014. The peak production was approximately 51.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2043.
Remaining recoverable reserves
The field is expected to recover 7.82 Mmboe, comprised of 46.92 bcf of natural gas reserves. Babbage unconventional gas field reserves accounts 0.01% of total remaining reserves of producing unconventional gas fields globally.
For more details on the Babbage Unconventional Gas Field, buy the profile here.