Golden Eagle is a producing conventional oil field located in shallow water in the UK and is operated by CNOOC Petroleum Europe. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block 14/26a REST OF BLOCK and 20/1 NORTH AREA OF THE BLOCK, with water depth of 535 feet. Buy the profile here.
An expansion project is associated with the Golden Eagle, namely the Golden Eagle Infill Development . This project is currently in the approval stage, expected to start in 2023.
Field participation details
The field is owned by China National Offshore Oil, EnQuest, Neo Energy Group and ONE-Dyas.
Production from Golden Eagle
The Golden Eagle conventional oil field recovered 62.77% of its total recoverable reserves, with peak production in 2017. The peak production was approximately 62.45 thousand bpd of crude oil and condensate and 13.00 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 2% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 71.79 Mmboe, comprised of 69.03 Mmbbl of crude oil & condensate and 16.58 bcf of natural gas reserves. Golden Eagle conventional oil field reserves accounts 0.02% of total remaining reserves of producing conventional oil fields globally.
Contractors involved in the Golden Eagle conventional oil field
The key contractors involved in the Golden Eagle project as follows.
Other Contractors: EDS Group
About CNOOC Petroleum Europe
CNOOC Petroleum Europe Ltd, is an energy company that carries out the exploration, development, production, processing and transportation of crude oil and natural gas. The company is headquartered in London, Greater London, the UK.
For more details on the Golden Eagle Conventional Oil Field, buy the profile here.