Piper is a producing conventional oil field located in shallow water in the UK and is operated by Repsol Sinopec Resources UK. The field is located in block 15/17n REST OF BLOCK, with water depth of 479 feet.

An expansion project is associated with the Piper, namely Piper Infill Project. This project is currently in the commissioning stage, expected to start in 2022.

Field participation details

The field is owned by Repsol and China Petrochemical.


Production from Piper

The Piper conventional oil field recovered 99.28% of its total recoverable reserves, with peak production in 1979. The peak production was approximately 272.49 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2025.


Remaining recoverable reserves

The field is expected to recover 7.76 Mmboe, comprised of 7.01 Mmbbl of crude oil & condensate and 4.48 bcf of natural gas reserves.


Contractors involved in the Piper conventional oil field

Some of the key contractors involved in the Piper project as follows.

Other Contractors: Archer and John Wood Group

About Repsol Sinopec Resources UK

Repsol Sinopec Resources UK Ltd (Repsol Sinopec), formerly known as Talisman Sinopec Energy UK Ltd, is an oil and gas company that offers exploration services. Its oil and gas exploration fields include Arbroath, Auk, Bleo Holm, Claymore, Montrose, Flotta, Saltire, Beatrice, Buchan, Clyde, Fulmar, Piper, and Tartan. The company explores, discovers, and produces oil and gas across the North Sea. It operates in floating facilities, offshore platforms, onshore terminal in Flotta, and others. Repsol Sinopec holds interest and operates oil fields on the UK Continental Shelf with offshore installations and onshore terminal. The company also offers construction, installation, fabrication, subsea engineering, and drilling services. Repsol Sinopec, a subsidiary of Talisman Colombia Holdco Ltd, is headquartered in Aberdeen, Scotland, 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.