Cheviot is a conventional oil development located in shallow water in the UK and is operated by Alpha Petroleum Resources. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Cheviot was discovered in 1978, lies in block 2/10b ALL, 2/15a ALL, 3/11b ALL, and 3/6a ALL, with water depth of around 508 feet. Buy the profile here.
The project is currently in approval stage and is expected to start commercial production in 2024. The Cheviot conventional oil development will involve the drilling of approximately 18 wells and includes FPSO, subsea manifold, and subsea trees.
Field participation details
The field is owned by Alpha Petroleum (UK) Holdings.
Production from Cheviot
Production from the Cheviot conventional oil development project is expected to begin in 2024 and is forecast to peak in 2025, to approximately 28,500 bpd of crude oil and condensate and 52 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2040.
Remaining recoverable reserves
The field is expected to recover 86.86 Mmboe, comprised of 60.70 Mmbbl of crude oil & condensate and 156.96 bcf of natural gas reserves.
Contractors involved in the Cheviot conventional oil field
Some of the key contractors involved in the Cheviot project as follows.
Design/FEED Engineering: Brookfield Business Partners
Main EPC: Sembcorp Marine Rigs and Floaters
EPC Contractors: Petrofac, GE Oil & Gas and Duco
Other Contractors: Aker Solutions, General Electric, GE Oil & Gas, Finning Power Systems and Exceed (XCD) Holdings
About Alpha Petroleum Resources
Alpha Petroleum Resources Ltd (Alpha Petroleum), a subsidiary of Alpha Petroleum (UK) Holdings Ltd, is an upstream oil and gas company, that offers operation, development and production activities in the UK sector of the North Sea. The company operates production and development assets including Helvellyn gas field, Tors gas field, Wenlock gas field, and Cheviot gas field. Its Tors gas field includes Kilmar gas field and Garrow gas field. Alpha Petroleum's Kilmar gas field has gas in Carboniferous Namurian sandstones. The company has operations throughout the UK. Alpha Petroleum is headquartered in Guildford, Surrey, the UK.
For more details on the Cheviot Conventional Oil Field, buy the profile here.