Developments in U. K. North Sea cloud total 57 in 3 years

Journal Article · Mon Aug 17 04:00:00 EDT 1992 · Oil and Gas Journal; (United States)

OSTI ID:7102114

This paper reports that development activity during the next 3 years in the U.K. North Sea could involve 57 fields with reserves totaling 2.3 billion bbl of oil and 14.3 tcf of natural gas, says County Natwest Woodmac, Edinburgh. More than 60% of the oil and 50% of the gas reserves lie in the central North Sea. In similar surveys in 1989 and 1990, gas accounted for about 40% of the total oil-equivalent reserves likely to be developed. In the current survey, the gas share has risen to about 50%. The swing to gas is highlighted by the most recently identified development prospects. These 11 fields hold an estimated 270 million bbl of oil and 2.9 tcf of gas, a 35:65 oil to gas ratio. Remaining reserves for U.K. fields producing or under development have a 60:40 oil to gas ratio. Discovery dates for the 57 development possibilities identified by County Natwest range from 1966 for Ann field to 1991 for Julia, Elgin, and 43/24-1.

• OSTI ID: 7102114
• Journal Information: Oil and Gas Journal; (United States), Journal Name: Oil and Gas Journal; (United States) Vol. 90:33; ISSN 0030-1388; ISSN OIGJA
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020200 -- Petroleum-- Reserves
Geology
& Exploration
03 NATURAL GAS
030200 -- Natural Gas-- Reserves
Geology
& Exploration
29 ENERGY PLANNING, POLICY, AND ECONOMY
294002* -- Energy Planning & Policy-- Petroleum
294003 -- Energy Planning & Policy-- Natural Gas
ATLANTIC OCEAN
INDUSTRY
NATURAL GAS INDUSTRY
NATURAL GAS WELLS
NORTH SEA
OIL WELLS
PETROLEUM INDUSTRY
PLANNING
PROSPECTING
RESOURCE DEVELOPMENT
SEAS
SURFACE WATERS
SURVEYS
WELLS