Caravel is a producing conventional gas field located in shallow water in the UK and is operated by Shell U.K. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block 49/20b CARAVEL FIELD AREA and 49/20a CARAVEL FIELD AREA, with water depth of 102 feet. Buy the profile here.
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Field participation details
The field is owned by Exxon Mobil and Shell.
Production from Caravel
The Caravel conventional gas field recovered 92.65% of its total recoverable reserves, with peak production in 2011. Based on economic assumptions, production will continue until the field reaches its economic limit in 2034.
About Shell U.K
Shell U.K. Ltd (Shell U.K.) a subsidiary of Shell plc, is an oil and gas company. It offers crude oil and natural gas, and petroleum products. The company offers fuels, engine oils, lubricants, bitumen and coolants. It operates through upstream, downstream, and projects and technology businesses. Shell U.K. provides services such as disabled driver fuel services, shell service stations, electric vehicle recharge offers among other services. The company caters its fuel and lubricants to businesses, motorists, aviation and shipping industries. Shell U.K. is headquartered in London, the UK.
For more details on the Caravel Conventional Gas 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.
