Schiehallion Redevelopment is a producing conventional oil field located in deepwater in the UK and is operated by BP Exploration Operating. The field is located in block 204/20a REST OF BLOCK, 204/25a ALL, 205/16a ALL, 205/21b ALL, and 204/25b RETAINED AREA, with water depth of 1,306 feet.
Field participation details
The field is owned by Shell, BP, Siccar Point Energy and Harbour Energy.
Production from Schiehallion Redevelopment
The Schiehallion Redevelopment conventional oil field recovered 38.27% of its total recoverable reserves, with peak production in 2018. The peak production was approximately 79.79 thousand bpd of crude oil and condensate and 45 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2043. The field currently accounts for approximately 3% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 176.95 Mmboe, comprised of 171.6 Mmbbl of crude oil & condensate and 32.14 bcf of natural gas reserves. Schiehallion Redevelopment conventional oil field reserves accounts 0.04% of total remaining reserves of producing conventional oil fields globally.
About BP Exploration Operating
BP Exploration Operating Company is the holding entity for several of the exploration and production subsidiaries of BP plc.
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.