Mungo is a producing conventional oil field located in shallow water in the UK and is operated by BP Exploration Operating. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block 23/16a ALL and 22/20a MUNGO AREA, with water depth of 295 feet. Buy the profile here.
Field participation details
The field is owned by BP and HitecVision.
Production from Mungo
The Mungo conventional oil field recovered 89.61% of its total recoverable reserves, with peak production in 2001. The peak production was approximately 53.89 thousand bpd of crude oil and condensate and 42.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2038.
Remaining recoverable reserves
The field is expected to recover 25.39 Mmboe, comprised of 17.59 Mmbbl of crude oil & condensate and 46.78 bcf of natural gas reserves. Mungo conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.
About BP Exploration Operating
BP Exploration Operating Company is the holding entity for several of the exploration and production subsidiaries of BP plc.
For more details on the Mungo Conventional Oil Field, buy the profile here.