Perth is a conventional oil development located in shallow water in the UK and is operated by Parkmead (E&P). According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Perth was discovered in 1983, lies in block 14/25a ALL, 15/21a Residual Area, 15/21c ALL, 15/21a Gamma Area, 15/21e Residual Area, and 15/21e Gamma Area, with water depth of around 471 feet. Buy the profile here.
The project is currently in approval stage and is expected to start commercial production in 2023. The Perth conventional oil development will involve the drilling of approximately seven wells and includes subsea manifold and subsea trees.
Field participation details
The field is owned by The Parkmead Group.
Production from Perth
Production from the Perth conventional oil development project is expected to begin in 2023 and is forecast to peak in 2024, to approximately 14,800 bpd of crude oil and condensate and 9 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2054.
Remaining recoverable reserves
The field is expected to recover 36.39 Mmboe, comprised of 33.49 Mmbbl of crude oil & condensate and 17.41 bcf of natural gas reserves.
Contractors involved in the Perth conventional oil field
Some of the key contractors involved in the Perth project as follows.
Design/FEED Engineering: Technip Energies
Other Contractors: Subsea 7, Independent Project Controls and Agr Tracs International
For more details on the Perth 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.
