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  1. Market Data
May 9, 2022

Saxon Conventional Oil Field, UK

By Carmen

Saxon is a producing conventional oil field located in shallow water in the UK and is operated by Dana Petroleum (E&P). The field is located in block 21/23b ALL, with water depth of 281 feet.

Field participation details

The field is owned by Korea National Oil.


Production from Saxon

The Saxon conventional oil field recovered 84.58% of its total recoverable reserves, with peak production in 2009. The peak production was approximately 2.88 thousand bpd of crude oil and condensate and 1 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 1.09 Mmboe, comprised of 0.93 Mmbbl of crude oil & condensate and 0.95 bcf of natural gas reserves.


About Dana Petroleum (E&P)

Dana Petroleum (E&P) Limited is engaged in exploration and production of oil and gas.

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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