Tain is a conventional oil development located in shallow water in the UK and is operated by Repsol Sinopec Resources UK. Discovered in 2005, Tain lies in block 13/23b ALL, with water depth of around 335 feet.
The project is currently in approval stage and is expected to start commercial production in 2022. Final investment decision (FID) of the project will be approved in 2021. The Tain conventional oil development will involve the drilling of approximately two wells and includes subsea manifold and subsea trees.
Field participation details
The field is owned by China Petrochemical, Repsol and Viaro Energy.
Production from Tain
Production from the Tain conventional oil development project is expected to begin in 2022 and is forecast to peak in 2024, to approximately 7,031 bpd of crude oil and condensate and 2 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2030.
Remaining recoverable reserves
The field is expected to recover 18.65 Mmboe, comprised of 17.52 Mmbbl of crude oil & condensate and 6.82 bcf of natural gas reserves.
Contractors involved in the Tain conventional oil field
The key contractors involved in the Tain project as follows.
Other Contractors: ERC Equipoise
About Repsol Sinopec Resources UK
Repsol Sinopec Resources UK Ltd (Repsol Sinopec), formerly known as Talisman Sinopec Energy UK Ltd, is an oil and gas company that offers exploration services. Its oil and gas exploration fields include Arbroath, Auk, Bleo Holm, Claymore, Montrose, Flotta, Saltire, Beatrice, Buchan, Clyde, Fulmar, Piper and Tartan. The company explores, discovers, and produces oil and gas across the North Sea. It operates in floating facilities, offshore platforms, onshore terminal in Flotta, and others. Repsol Sinopec holds interest and operates oil fields on the UK Continental Shelf with offshore installations and onshore terminal. The company also offers construction, installation, fabrication, subsea engineering and drilling services. Repsol Sinopec is headquartered in Aberdeen, Scotland, the UK.
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.