Seagull is a conventional oil development located in shallow water in the UK and is operated by Neptune E&P UK. Discovered in 1992, Seagull lies in block 22/29c ALL, with water depth of around 313 feet.
The project is currently in commissioning stage and is expected to start commercial production in 2023. Final investment decision (FID) of the project was approved in 2019. The Seagull conventional oil development will involve the drilling of approximately four wells and includes subsea manifold and subsea trees.
Field participation details
The field is owned by Neptune Energy Group, BP and Japan Petroleum Exploration.
Production from Seagull
Production from the Seagull conventional oil development project is expected to begin in 2023 and is forecast to peak in 2024, to approximately 30,000 bpd of crude oil and condensate and 45 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2053.
Remaining recoverable reserves
The field is expected to recover 60.33 Mmboe, comprised of 49.61 Mmbbl of crude oil & condensate and 64.31 bcf of natural gas reserves.
Contractors involved in the Seagull conventional oil field
Some of the key contractors involved in the Seagull project as follows.
Design/FEED Engineering: John Wood Group and Subsea 7
Main EPC: TechnipFMC
Other Contractors: GMC Inspection Services, Halliburton, Infinity Oilfield Services, NHV and OSSO
About Neptune E&P UK
Neptune E&P UK 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 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.