Teal South 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 298 feet. Buy the profile here.
Field participation details
The field is owned by Dagang NeXchange, Hibiscus Petroleum and Ping Petroleum Sdn.
Production from Teal South
The Teal South conventional oil field recovered 90.08% of its total recoverable reserves, with peak production in 1997. The peak production was approximately 5.49 thousand bpd of crude oil and condensate and 3.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2064.
Remaining recoverable reserves
The field is expected to recover 0.92 Mmboe, comprised of 0.80 Mmbbl of crude oil & condensate and 0.72 bcf of natural gas reserves.
For more details on the Teal South 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.
