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  1. Market Data
May 5, 2022

Telford Conventional Oil Field, UK

By Carmen

Telford is a producing conventional oil field located in shallow water in the UK and is operated by CNOOC Petroleum Europe. The field is located in block 15/21a TELFORD FIELD AREA, with water depth of 474 feet.

Field participation details

The field is owned by China National Offshore Oil, HitecVision, MOL Hungarian Oil and Gas and Energean.


Production from Telford

The Telford conventional oil field recovered 99.90% of its total recoverable reserves, with peak production in 1998. The peak production was approximately 32.81 thousand bpd of crude oil and condensate and 47 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2025.


Remaining recoverable reserves

The field is expected to recover 0.14 Mmboe, comprised of 0.11 Mmbbl of crude oil & condensate and 0.16 bcf of natural gas reserves.


About CNOOC Petroleum Europe

CNOOC Petroleum Europe 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 London, Greater 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.

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