Magpie is a producing conventional oil field located in shallow water in Brunei and is operated by Brunei Shell Petroleum Company Sdn. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block BSP 1 & 2 Offshore Agreement Area, with water depth of 220 feet. Buy the profile here.
Field participation details
The field is owned by Government of Brunei Darussalam and Shell.
Production from Magpie
The Magpie conventional oil field recovered 95.25% of its total recoverable reserves, with peak production in 1984. The peak production was approximately 21.55 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2033. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 6.45 Mmboe, comprised of 6.45 Mmbbl of crude oil & condensate.
For more details on the Magpie 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.
