Pierce is a producing conventional oil field located in shallow water in the UK and is operated by Shell EP Offshore Ventures. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block 23/27a ALL and 23/22a ALL, with water depth of 363 feet. Buy the profile here.

Smarter leaders trust GlobalData

Report-cover

Premium Insights Pierce Field, United Kingdom

Buy the Profile

Premium Insights

The gold standard of business intelligence.

Find out more

Field participation details

The field is owned by Delek Group and Shell.

Production from Pierce

The Pierce conventional oil field recovered 72.90% of its total recoverable reserves, with peak production in 2000. Based on economic assumptions, production will continue until the field reaches its economic limit in 2032. The field currently accounts for approximately 1% of the country’s daily output.

About Shell EP Offshore Ventures

Shell EP Offshore Ventures Ltd is engaged in oil and gas exploration and production in the UK. The company is a wholly owned subsidiary of Royal Dutch Shell plc.

For more details on the Pierce Conventional Oil Field, buy the profile here.

This content was updated on 14 May 2024

Premium Insights

From

The gold standard of business intelligence.

Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.

GlobalData

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.