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November 24, 2021updated 27 Apr 2022 12:37pm

Rhum Conventional Gas Field, UK

By Carmen

Rhum is a producing conventional gas field located in shallow water in the UK and is operated by Serica Energy UK. The field is located in block 3/29a ALL, 3/24b ALL, 3/29b ALL, and 3/29d ALL, with water depth of 359 feet.

Field participation details

The field is owned by Serica Energy and National Iranian Oil.


Production from Rhum

The Rhum conventional gas field recovered 79.71% of its total recoverable reserves, with peak production in 2007. The peak production was approximately 1.33 thousand bpd of crude oil and condensate and 202 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2032. The field currently accounts for approximately 2% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 26.59 Mmboe, comprised of 0.71 Mmbbl of crude oil & condensate and 155.33 bcf of natural gas reserves. Rhum conventional gas field reserves accounts 0.01% of total remaining reserves of producing conventional gas fields globally.


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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