Tain is a conventional oil development 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, Tain was discovered in 2005, lies in block 13/23b ALL, with water depth of around 335 feet. Buy the profile here.
The project is currently in approval stage and is expected to start commercial production in 2023. The Tain conventional oil development will involve the drilling of approximately two wells and includes subsea manifold and subsea trees.
Field participation details
The field is owned by China Petrochemical, Repsol and Viaro Energy.
Production from Tain
Production from the Tain conventional oil development project is expected to begin in 2023 and is forecast to peak in 2025, to approximately 7,026 bpd of crude oil and condensate and 2 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2030.
Remaining recoverable reserves
The field is expected to recover 16.91 Mmboe, comprised of 15.90 Mmbbl of crude oil & condensate and 6.06 bcf of natural gas reserves.
Contractors involved in the Tain conventional oil field
The key contractors involved in the Tain project as follows.
Other Contractors: ERC Equipoise
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 Tain Conventional Oil Field, buy the profile here.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
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.
