Leverett is a conventional oil development located in shallow water in the UK and is operated by Neo Energy (ZNI). According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, lies in block 21/3d ALL, with water depth of around 820 feet. Buy the profile here.
The project is currently in approval stage and is expected to start commercial production in 2025. Final investment decision (FID) of the project was approved in 2022. The Leverett conventional oil development will involve the drilling of approximately four wells and includes subsea tree.
Field participation details
The field is owned by HitecVision.
Production from Leverett
Production from the Leverett conventional oil development project is expected to begin in 2025 and is forecast to peak in 2026, to approximately 9,360 bpd of crude oil and condensate and 120 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2060.
Remaining recoverable reserves
The field is expected to recover 53.85 Mmboe, comprised of 17.17 Mmbbl of crude oil & condensate and 220.09 bcf of natural gas reserves.
For more details on the Leverett 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.
