Captain is a producing heavy oil field located in shallow water in the UK and is operated by Ithaca Energy (UK). According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block 13/22a ALL, with water depth of 500 feet. Buy the profile here.
Field participation details
The field is owned by Delek Group and Korea National Oil.
Production from Captain
The Captain heavy oil field recovered 68.23% of its total recoverable reserves, with peak production in 2004. The peak production was approximately 65.96 thousand bpd of crude oil and condensate and 16.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2081. The field currently accounts for approximately 2% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 172.22 Mmboe, comprised of 168.59 Mmbbl of crude oil & condensate and 21.81 bcf of natural gas reserves. Captain heavy oil field reserves accounts 0.40% of total remaining reserves of producing heavy oil fields globally.
About Ithaca Energy (UK)
Ithaca Energy (UK) Limited (Ithaca Energy (UK)) is an oil and gas company. It carries out they exploration, development and production of oil and gas. The company also constructs production hubs. The company is a subsidiary of Ithaca Energy Inc. Ithaca Energy (UK) is headquartered in Aberdeen, Scotland, the UK.
For more details on the Captain Heavy 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.
