Teal is a producing conventional oil field located in shallow water in the UK and is operated by Anasuria Hibiscus UK. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block 21/25a TEAL FIELDS (REST), with water depth of 305 feet. Buy the profile here.
Field participation details
The field is owned by Dagang NeXchange, Hibiscus Petroleum and Ping Petroleum Sdn.
Production from Teal
The Teal conventional oil field recovered 99.29% of its total recoverable reserves, with peak production in 2000. The peak production was approximately 31.15 thousand bpd of crude oil and condensate and 25.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2039.
Remaining recoverable reserves
The field is expected to recover 0.48 Mmboe, comprised of 0.25 Mmbbl of crude oil & condensate and 1.40 bcf of natural gas reserves.
For more details on the Teal 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.
