Forties is a producing conventional oil field located in shallow water in the UK and is operated by Apache 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 21/10a ALL, 22/6a BRIMMOND AND FORTIES UNIT, 22/6a REST OF BLOCK EXCLUDING BRIMMOND, and 21/9a FORTIES UNIT AREA, with water depth of 3,411 feet. Buy the profile here.
An expansion project is associated with the Forties, namely the Forties Development Project Phase 2. This project is currently in the feed stage.
Field participation details
The field is owned by Apache and Neo Energy Group.
Production from Forties
The Forties conventional oil field recovered 99.00% of its total recoverable reserves, with peak production in 1980. The peak production was approximately 504.15 thousand bpd of crude oil and condensate and 158.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2030. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 29.71 Mmboe, comprised of 29.30 Mmbbl of crude oil & condensate and 2.47 bcf of natural gas reserves. Forties conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.
Contractors involved in the Forties conventional oil field
Some of the key contractors involved in the Forties project as follows.
Other Contractors: Archer, Duxvalves, Shearwater GeoServices and Imrandd
About Apache North Sea
Apache North Sea Ltd (ANSL) a subsidiary of APA Corporation is an oil and gas exploration and production service provider. The company’s service portfolio includes production, exploration, development, and exportation. The company also offers natural gas, crude oil, and natural gas liquids and among others. Apache North Sea Ltd acquires additional assets from Mobil North Sea Limited and operates its exploration and development facilities in the Beryl, Nevis, Skene, Nevis South, and Buckland fields. The company also holds non-operating interest in the Maclure and Nelson fields and its holds interest in the Forties field. ANSL is headquartered in Aberdeen, the UK.
For more details on the Forties Conventional Oil Field, buy the profile here.