Peregrine is a producing conventional oil field located in shallow water in the UK and is operated by CNOOC Petroleum Europe. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block 20/1 NORTH AREA OF THE BLOCK, with water depth of 395 feet. Buy the profile here.
Field participation details
The field is owned by China National Offshore Oil, EnQuest, Neo Energy Group and ONE-Dyas.
Production from Peregrine
The Peregrine conventional oil field recovered 87.92% of its total recoverable reserves, with peak production in 2015. The peak production was approximately 8.50 thousand bpd of crude oil and condensate and 3.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2031.
Remaining recoverable reserves
The field is expected to recover 1.67 Mmboe, comprised of 1.59 Mmbbl of crude oil & condensate and 0.46 bcf of natural gas reserves.
About CNOOC Petroleum Europe
CNOOC Petroleum Europe Ltd, is an energy company that carries out the exploration, development, production, processing and transportation of crude oil and natural gas. The company is headquartered in London, Greater London, the UK.
For more details on the Peregrine 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.
