Schiehallion Redevelopment is a producing conventional oil field located in deepwater in the UK and is operated by BP Exploration Operating. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block 204/20a REST OF BLOCK, 204/25a ALL, 205/16a ALL, 205/21b ALL, and 204/25b RETAINED AREA, with water depth of 1,537 feet. Buy the profile here.
Field participation details
The field is owned by BP, Delek Group, Harbour Energy and Shell.
Production from Schiehallion Redevelopment
The Schiehallion Redevelopment conventional oil field recovered 53.61% of its total recoverable reserves, with peak production in 2018. Based on economic assumptions, production will continue until the field reaches its economic limit in 2041. The field currently accounts for approximately 3% of the country’s daily output.
About BP Exploration Operating
BP Exploration Operating Company is the holding entity for several of the exploration and production subsidiaries of BP plc.
See Also:
For more details on the Schiehallion Redevelopment Conventional Oil Field, buy the profile here.
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.