Teal South is a producing conventional oil field located in shallow water in the UK and is operated by Anasuria Operating. The field is located in block 21/25a TEAL FIELDS (REST), with water depth of 298 feet.
Field participation details
The field is owned by Hibiscus Petroleum, Ping Petroleum and Dagang NeXchange.
Production from Teal South
The Teal South conventional oil field recovered 98.93% of its total recoverable reserves, with peak production in 1997. The peak production was approximately 5.49 thousand bpd of crude oil and condensate and 3 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2036.
Remaining recoverable reserves
The field is expected to recover 0.09 Mmboe, comprised of 0.08 Mmbbl of crude oil & condensate and 0.08 bcf of natural gas reserves.
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.