Teal West is a conventional oil development 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, Teal West was discovered in 1991, lies in block 21/24d ALL, with water depth of around 292 feet. Buy the profile here.
Smarter leaders trust GlobalData
The project is currently in approval stage and is expected to start commercial production in 2024. The development cost is expected to be $112 m. The Teal West conventional oil development will includes subsea manifold and subsea trees.
Field participation details
The field is owned by Hibiscus Petroleum.
Production from Teal West
Production from the Teal West conventional oil development project is expected to begin in 2024 and is forecast to peak in 2026, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2073.
Contractors involved in the Teal West conventional oil field
The key contractors involved in the Teal West project as follows.
Other Contractors: Tetra Tech
For more details on the Teal West 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.
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.
