Shearwater is a producing conventional gas field located in shallow water in the UK and is operated by Shell U.K. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block 22/30b AREA B – REST OF BLOCK, with water depth of 310 feet. Buy the profile here.
An expansion project is associated with the Shearwater, namely the Shearwater Expansion. This project is currently in the construction stage.
Field participation details
The field is owned by Neo Energy Group and Shell.
Production from Shearwater
The Shearwater conventional gas field recovered 69.61% of its total recoverable reserves, with peak production in 2004. The peak production was approximately 59.44 thousand bpd of crude oil and condensate and 311.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2056. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 101.71 Mmboe, comprised of 25.28 Mmbbl of crude oil & condensate and 458.56 bcf of natural gas reserves. Shearwater conventional gas field reserves accounts 0.03% of total remaining reserves of producing conventional gas fields globally.
Contractors involved in the Shearwater conventional gas field
Some of the key contractors involved in the Shearwater project as follows.
Main EPC: Subsea 7
Other Contractors: John Wood Group, Prosafe, Subsea 7, James Fisher and Sons and Liberty Steel Hartlepool
About Shell U.K
Shell U.K. Ltd (Shell U.K.) a subsidiary of Royal Dutch Shell plc, is an oil and gas company. It offers crude oil and natural gas, and petroleum products. The company offers fuels, lubricants, bitumen and chemicals. It operates through upstream, downstream, and projects and technology business. Shell U.K. owns and operates gas pipeline systems and terminals to distribute natural gas liquids. The company's trading business trades crude oil, refined products, natural gas, electrical power, chemical feedstock and environmental products, such as CO2 allowances. The company caters its fuel and lubricants to businesses, motorists, aviation and shipping industries. Shell U.K. is headquartered in London, the UK.
For more details on the Shearwater Conventional Gas Field, buy the profile here.