Telford is a producing conventional oil field located in shallow water in the UK and is operated by CNOOC Petroleum Europe. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block 15/21a TELFORD FIELD AREA, with water depth of 474 feet. Buy the profile here.
Field participation details
The field is owned by China National Offshore Oil, Energean, HitecVision and Waldorf Production.
Production from Telford
The Telford conventional oil field recovered 95.49% of its total recoverable reserves, with peak production in 1998. The peak production was approximately 32.81 thousand bpd of crude oil and condensate and 47.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2036.
Remaining recoverable reserves
The field is expected to recover 6.94 Mmboe, comprised of 4.91 Mmbbl of crude oil & condensate and 12.22 bcf of natural gas reserves.
About CNOOC Petroleum Europe
CNOOC Petroleum Europe Ltd, is an energy company that carries out the exploration, development, production, processing and transportation of crude oil and natural gas. The company is headquartered in London, Greater London, the UK.
For more details on the Telford 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.
