Pict is a producing conventional oil field located in shallow water in the UK and is operated by Dana Petroleum (E&P). According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block 21/23b ALL, with water depth of 282 feet. Buy the profile here.
Field participation details
The field is owned by Korea National Oil.
Production from Pict
The Pict conventional oil field recovered 99.91% of its total recoverable reserves, with peak production in 2006. The peak production was approximately 9.73 thousand bpd of crude oil and condensate and 7.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2026.
Remaining recoverable reserves
The field is expected to recover 0.01 Mmboe, comprised of 0.01 Mmbbl of crude oil & condensate and 0.00 bcf of natural gas reserves.
About Dana Petroleum (E&P)
Dana Petroleum (E&P) Limited is engaged in exploration and production of oil and gas.
For more details on the Pict 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.
