Leverett is a conventional oil development located in shallow water in the UK and is operated by Neo Energy Group. 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.
Smarter leaders trust GlobalData
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 Delek Group, Harbour Energy and Neo Energy Group.
Production from Leverett
Production from the Leverett conventional oil development project is expected to begin in 2025 and is forecast to peak in 2026, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2061.
About Neo Energy Group
Neo Energy Group Ltd is a leading private equity investor focused on Europe’s offshore energy industry. The company is headquartered in Aberdeen, Scotland, the UK.
For more details on the Leverett Conventional Oil Field, buy the profile here.
Premium Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
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.
