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April 29, 2022

Peregrine Conventional Oil Field, UK

By Carmen

Peregrine is a producing conventional oil field located in shallow water in the UK and is operated by CNOOC Petroleum Europe. The field is located in block 20/1 NORTH AREA OF THE BLOCK, with water depth of 395 feet.

Field participation details

The field is owned by EnQuest, ONE-Dyas, HitecVision and China National Offshore Oil.


Production from Peregrine

The Peregrine conventional oil field recovered 83.27% of its total recoverable reserves, with peak production in 2015. The peak production was approximately 8.5 thousand bpd of crude oil and condensate and 3 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2032.


Remaining recoverable reserves

The field is expected to recover 2.38 Mmboe, comprised of 2.28 Mmbbl of crude oil & condensate and 0.58 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.

Methodology

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.

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