Palmers Wood is a producing conventional oil field located onshore the UK and is operated by Igas Energy Production. The field is located in block TQ35b ALL and TQ45b ALL.
Field participation details
The field is owned by IGas Energy.
Production from Palmers Wood
The Palmers Wood conventional oil field recovered 98.25% of its total recoverable reserves, with peak production in 1991. The peak production was approximately 1.2 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2031.
Remaining recoverable reserves
The field is expected to recover 0.06 Mmboe, comprised of 0.06 Mmbbl of crude oil & condensate and 0 bcf of natural gas reserves.
Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.