Shearwater is a producing conventional gas field located in shallow water in the UK and is operated by Shell U.K. The field is located in block 22/30b AREA B – REST OF BLOCK, with water depth of 310 feet.
An expansion project is associated with the Shearwater, namely Shearwater Expansion. This project is currently in the construction stage.
Field participation details
The field is owned by BP, Royal Dutch Shell and Exxon Mobil.
Production from Shearwater
The Shearwater conventional gas field recovered 81.47% of its total recoverable reserves, with peak production in 2004. The peak production was approximately 59.44 thousand bpd of crude oil and condensate and 311 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2034. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 50.3 Mmboe, comprised of 33.65 Mmbbl of crude oil & condensate and 99.86 bcf of natural gas reserves. Shearwater conventional gas field reserves accounts 0.02% of total remaining reserves of producing conventional gas fields globally.
Contractors involved in the Shearwater conventional gas field
Some of the key contractors involved in the Shearwater project as follows.
Main EPC: Subsea 7
Other Contractors: Subsea 7
About Shell U.K
Shell U.K. Ltd (Shell U.K.) a subsidiary of Royal Dutch Shell plc, is an oil and gas company that produces and supplies crude oil and natural gas, and petroleum products. The company offers fuels, lubricants, bitumen and chemicals. It operates through upstream, downstream, and projects and technology business. Shell U.K. owns and operates gas pipeline systems and terminals to distribute natural gas liquids. The company’s trading business trades crude oil, refined products, natural gas, electrical power, chemical feedstock and environmental products, such as CO2 allowances. It also operates 33 offshore installations and one Floating Production Storage and Offtake vessel. The company caters its fuel and lubricants to businesses, motorists, aviation and shipping industries. Shell U.K. is headquartered in London, 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.
