Balloch is a producing conventional oil field located in shallow water in the UK and is operated by Neo Energy Production UK. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block 15/20a ALL, with water depth of 469 feet. Buy the profile here.
Field participation details
The field is owned by HitecVision.
Production from Balloch
The Balloch conventional oil field recovered 73.59% of its total recoverable reserves, with peak production in 2016. The peak production was approximately 26.20 thousand bpd of crude oil and condensate and 14.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2067.
Remaining recoverable reserves
The field is expected to recover 12.89 Mmboe, comprised of 11.55 Mmbbl of crude oil & condensate and 8.05 bcf of natural gas reserves.
For more details on the Balloch Conventional Oil Field, buy the profile here.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
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.
