Kraken is a producing heavy oil field located in shallow water in the UK and is operated by EnQuest Heather. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block 9/2b ALL, with water depth of 408 feet. Buy the profile here.
Field participation details
The field is owned by EnQuest and Waldorf Production.
Production from Kraken
The Kraken heavy oil field recovered 62.09% of its total recoverable reserves, with peak production in 2020. Based on economic assumptions, production will continue until the field reaches its economic limit in 2034. The field currently accounts for approximately 2% of the country’s daily output.
For more details on the Kraken Heavy Oil Field, buy the profile here.