Maersk, partners to develop largest field discovered in UK North Sea in decade

The development of the largest new field discovered in the UK North Sea for a decade has been approved by the UK Oil & Gas Authority. The Maersk Oil-operated high-pressure/high-temperature (HP/HT) Culzean field in the UK Central North Sea is expected to produce enough gas to meet 5% of total UK demand at peak production in 2020/2021. Culzean is also the largest gas field sanctioned since East Brae in 1990.

Discovered in 2008 by Maersk Oil and co-venturers JX Nippon and BP (Britoil), the gas condensate field has resources estimated at 250–300 million barrels of oil equivalent. Production is expected to start in 2019 and continue for at least 13 years, with plateau production of 60,000–90,000 barrels of oil equivalent per day.

Maersk Oil and its co-venturers are investing around £3 billion ($4.5 billion) in the development, with more than 50% committed to investments in the UK.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Making DDoS Mitigation Part of Your Incident Response Plan: Critical Steps and Best Practices

Like a new virulent strain of flu, the impact of a distributed denial of service (DDoS) attack is...

The Multi-Tax Challenge of Managing Excise Tax and Sales Tax

To be able to accurately calculate multiple tax types, companies must be prepared to continually ...

Operational Analytics in the Power Industry

Cloud computing, smart grids, and other technologies are changing transmission and distribution. ...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...