Piper is a producing conventional oil field located in shallow water in the UK and is operated by Repsol Sinopec Resources UK. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block 15/17n REST OF BLOCK, with water depth of 479 feet. Buy the profile here.
An expansion project is associated with the Piper, namely the Piper Infill Project. This project is currently in the commissioning stage.
Field participation details
The field is owned by China Petrochemical and Repsol.
Production from Piper
The Piper conventional oil field recovered 99.64% of its total recoverable reserves, with peak production in 1979. The peak production was approximately 272.49 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2024.
Remaining recoverable reserves
The field is expected to recover 3.84 Mmboe, comprised of 3.47 Mmbbl of crude oil & condensate and 2.22 bcf of natural gas reserves.
Contractors involved in the Piper conventional oil field
Some of the key contractors involved in the Piper project as follows.
Other Contractors: John Wood Group and Archer
About Repsol Sinopec Resources UK
Repsol Sinopec Resources UK Ltd (Repsol Sinopec), formerly known as Talisman Sinopec Energy UK Ltd, is an oil and gas company that offer exploration services. Its oil and gas exploration fields include Arbroath, Auk, Bleo Holm, Claymore, Montrose, Flotta, Saltire, Beatrice, Buchan, Clyde, Fulmar, Piper, and Tartan. The company explores, discovers, and produces oil and gas across the North Sea. It operates in floating facilities, offshore platforms, onshore terminal in Flotta, and others. Repsol Sinopec holds interest and operates oil fields on the UK Continental Shelf with offshore installations and onshore terminal. The company also offers construction, installation, fabrication, subsea engineering, and drilling services. Repsol Sinopec, a subsidiary of Talisman Colombia Holdco Ltd, is headquartered in Aberdeen, Scotland, the UK.
For more details on the Piper 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.
