Lancaster Eps is a producing conventional oil field located in shallow water in the UK and is operated by Hurricane GLA. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block 205/21a P1368 CENTRAL, with water depth of 514 feet. Buy the profile here.
Three expansion projects are associated with the Lancaster Eps conventional oil field, namely the Greater Lancaster Area (GLA) FFD, the Lancaster EPS Water Injection Project and the Lancaster EPS FDPA. The expansion projects are currently in the feasibility and approval stage.
Field participation details
The field is owned by Hurricane Energy.
Production from Lancaster Eps
The Lancaster Eps conventional oil field recovered 83.92% of its total recoverable reserves, with peak production in 2020. The peak production was approximately 13.91 thousand bpd of crude oil and condensate and 6.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2024. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 3.05 Mmboe, comprised of 2.74 Mmbbl of crude oil & condensate and 1.88 bcf of natural gas reserves.
Contractors involved in the Lancaster Eps conventional oil field
The key contractors involved in the Lancaster Eps project as follows.
Other Contractors: Global Engineering and Construction Group
For more details on the Lancaster Eps Conventional Oil Field, buy the profile here.
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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.
