Elgood is a producing conventional gas field located in shallow water in the UK and is operated by IOG North Sea. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block 48/22c ALL, with water depth of 82 feet. Buy the profile here.
Field participation details
The field is owned by Berkshire Hathaway Energy and Independent Oil and Gas.
Production from Elgood
The Elgood conventional gas field recovered 1.84% of its total recoverable reserves, with peak production expected in 2024. The peak production will approximately 0.25 thousand bpd of crude oil and condensate and 39.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2078.
Remaining recoverable reserves
The field is expected to recover 37.47 Mmboe, comprised of 1.38 Mmbbl of crude oil & condensate and 216.53 bcf of natural gas reserves. Elgood conventional gas field reserves accounts 0.01% of total remaining reserves of producing conventional gas fields globally.
For more details on the Elgood Conventional Gas Field, buy the profile here.