Gannet is a producing conventional gas field located in shallow water in Brunei and is operated by Brunei Shell Petroleum Company Sdn. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block BSP 1 & 2 Offshore Agreement Area, with water depth of 220 feet. Buy the profile here.
Field participation details
The field is owned by Government of Brunei Darussalam and Shell.
Production from Gannet
The Gannet conventional gas field recovered 78.29% of its total recoverable reserves, with peak production in 1995. The peak production was approximately 1.52 thousand bpd of crude oil and condensate and 60.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2049. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 14.94 Mmboe, comprised of 1.77 Mmbbl of crude oil & condensate and 79.01 bcf of natural gas reserves. Gannet conventional gas field reserves accounts 0.01% of total remaining reserves of producing conventional gas fields globally.
For more details on the Gannet Conventional Gas Field, buy the profile here.