Prinos North is a producing conventional oil field located in shallow water in Greece and is operated by Energean. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block North Prinos, with water depth of 99 feet. Buy the profile here.
Field participation details
The field is owned by Energean.
Production from Prinos North
The Prinos North conventional oil field recovered 61.97% of its total recoverable reserves, with peak production in 1996. The peak production was approximately 1.50 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2080. The field currently accounts for approximately 3% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 2.90 Mmboe, comprised of 2.90 Mmbbl of crude oil & condensate.
Energean PLC (Energean), formerly Energean Oil & Gas Plc, is an oil and gas company that produces crude oil and natural gas. The company’s activities include production, development and exploration of oil and natural gas properties. It holds interest in Karish, Tanin blocks in Israel; Prinos, Ioannina, South Kavala, and Katakolo in Greece; Abu Qir field in Egypt and Izabela in Croatia. Energean’s gas platform includes an onshore plant with storage, offshore loading, and power generation facilities. The company operates its offices in Greece, Italy, Cyprus, Croatia, Israel, the UK, Montenegro and Egypt. Energean is headquartered in London, Greater London, the UK.
For more details on the Prinos North Conventional Oil Field, buy the profile here.