Fotla is a conventional oil development located in shallow water in the UK and is operated by Ithaca MA. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Fotla was discovered in 2021, lies in block 22/1b ALL, with water depth of around 431 feet. Buy the profile here.

Smarter leaders trust GlobalData

Report-cover

Premium Insights Fotla Upstream Project , United Kingdom

Buy the Profile

Premium Insights

The gold standard of business intelligence.

Find out more

The project is currently in feasibility stage and is expected to start commercial production in 2026. Final investment decision (FID) of the project will be approved in 2024.

Field participation details

The field is owned by Delek Group.

Production from Fotla

Production from the Fotla conventional oil development project is expected to begin in 2026 and is forecast to peak in 2028, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2118.

About Ithaca MA

Ithaca MA Ltd (Ithaca MA) is an oil and gas exploration and production company. Ithaca MA is headquartered in Leeds,Yorkshire, the UK.

For more details on the Fotla Conventional Oil Field, buy the profile here.

This content was updated on 7 February 2024

Premium Insights

From

The gold standard of business intelligence.

Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.

GlobalData

GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.

This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.