Claymore is a producing conventional oil field located in shallow water in the UK and is operated by Repsol Sinopec Resources UK. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block 14/19n CLAYMORE FIELD AREA, 14/19s REST OF BLOCK, 14/20b CLAYMORE EXTENSION AREA, and 14/19a ALL, with water depth of 410 feet. Buy the profile here.
Two expansion projects are associated with the Claymore conventional oil field, namely the North Area Claymore Development (NAC) Project and the Main Area Claymore Recovery Optimisation (MACRO) Project Phase 2. The expansion projects are currently in the feasibility and construction stage, targeting start-up during 2023.
Field participation details
The field is owned by China Petrochemical, Korea National Oil and Repsol.
Production from Claymore
The Claymore conventional oil field recovered 98.85% of its total recoverable reserves, with peak production in 1984. The peak production was approximately 100.51 thousand bpd of crude oil and condensate and 23.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2026. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 7.33 Mmboe, comprised of 6.75 Mmbbl of crude oil & condensate and 3.45 bcf of natural gas reserves.
Contractors involved in the Claymore conventional oil field
Some of the key contractors involved in the Claymore project as follows.
Other Contractors: Kongsberg Gruppen, Mech-Tool Engineering and Bectecs
About Repsol Sinopec Resources UK
Repsol Sinopec Resources UK Ltd (Repsol Sinopec), formerly known as Talisman Sinopec Energy UK Ltd, is an oil and gas company that offer exploration services. Its oil and gas exploration fields include Arbroath, Auk, Bleo Holm, Claymore, Montrose, Flotta, Saltire, Beatrice, Buchan, Clyde, Fulmar, Piper, and Tartan. The company explores, discovers, and produces oil and gas across the North Sea. It operates in floating facilities, offshore platforms, onshore terminal in Flotta, and others. Repsol Sinopec holds interest and operates oil fields on the UK Continental Shelf with offshore installations and onshore terminal. The company also offers construction, installation, fabrication, subsea engineering, and drilling services. Repsol Sinopec, a subsidiary of Talisman Colombia Holdco Ltd, is headquartered in Aberdeen, Scotland, the UK.
For more details on the Claymore Conventional Oil Field, buy the profile here.