Talbot is a conventional oil development located in shallow water in the UK and is operated by Chrysaor Petroleum Co UK. Talbot lies in block 30/13d NORTH and 30/13e ALL, with water depth of around 239 feet.
The project is currently in feed stage and is expected to start commercial production in 2023. Final investment decision (FID) of the project will be approved in 2022.
Field participation details
The field is owned by Harbour Energy and Eni.
Production from Talbot
Production from the Talbot conventional oil development project is expected to begin in 2023 and is forecast to peak in 2024, to approximately 9,800 bpd of crude oil and condensate. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2058.
Remaining recoverable reserves
The field is expected to recover 18.24 Mmboe, comprised of 18.24 Mmbbl of crude oil & condensate.
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.