Clair Ridge is a producing conventional oil field located in shallow water in the UK and is operated by BP Exploration Operating. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block 206/8 ALL, with water depth of 718 feet. Buy the profile here.
Field participation details
The field is owned by BP, Chevron, Harbour Energy and Shell.
Production from Clair Ridge
The Clair Ridge conventional oil field recovered 16.52% of its total recoverable reserves, with peak production expected in 2025. The peak production will approximately 63.19 thousand bpd of crude oil and condensate and 24.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2058. The field currently accounts for approximately 4% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 316.31 Mmboe, comprised of 297.73 Mmbbl of crude oil & condensate and 111.49 bcf of natural gas reserves. Clair Ridge conventional oil field reserves accounts 0.07% of total remaining reserves of producing conventional oil fields globally.
About BP Exploration Operating
BP Exploration Operating Company is the holding entity for several of the exploration and production subsidiaries of BP plc.
For more details on the Clair Ridge Conventional Oil Field, buy the profile here.