Marigold is a conventional oil development located in shallow water in the UK and is operated by Anasuria Hibiscus UK. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, lies in block 15/13a ALL, with water depth of around 833 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 will be approved in 2023. The Marigold conventional oil development will involve the drilling of approximately three wells and includes FPSO, subsea manifold, and subsea trees.
Field participation details
The field is owned by Aban Offshore and Hibiscus Petroleum.
Production from Marigold
Production from the Marigold conventional oil development project is expected to begin in 2025 and is forecast to peak in 2025, to approximately 23,350 bpd of crude oil and condensate. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2044.
Remaining recoverable reserves
The field is expected to recover 64.03 Mmboe, comprised of 64.03 Mmbbl of crude oil & condensate.
Contractors involved in the Marigold conventional oil field
Some of the key contractors involved in the Marigold project as follows.
Design/FEED Engineering: Worley
Other Contractors: Repsol, Petrofac, TechnipFMC, Technip Energies and Prism Energy
For more details on the Marigold 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.
