Western Isles Development is a producing conventional oil field located in shallow water in the UK and is operated by Dana Petroleum (E&P). The field is located in block 210/24a REST OF BLOCK, with water depth of 550 feet.
Field participation details
The field is owned by Korea National Oil and HitecVision.
Production from Western Isles Development
The Western Isles Development conventional oil field recovered 74.16% of its total recoverable reserves, with peak production in 2018. The peak production was approximately 32.98 thousand bpd of crude oil and condensate and 9 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2026. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 11.32 Mmboe, comprised of 10.84 Mmbbl of crude oil & condensate and 2.88 bcf of natural gas reserves.
About Dana Petroleum (E&P)
Dana Petroleum (E&P) Limited is engaged in exploration and production of oil and gas.
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.