Perth Oil and Gas Field (United Kingdom)
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Perth Oil and Gas Field is a cancelled oil and gas field in United Kingdom.
Project Details
Main Data
Table 1: Field-level project details for Perth Oil and Gas Field
| Unit name | Status | Operator | Owner | Discovery year | FID1 year | Production start year | Production type2 |
|---|---|---|---|---|---|---|---|
| Perth | Cancelled[1] | Parkmead Group[2][3] | – | 1983[4] | – | – | Conventional |
Production and Reserves
Table 2: Reserves of Perth Oil and Gas Field
| Fuel description | Reserves classification | Quantity | Units | Data year | Source |
|---|---|---|---|---|---|
| hydrocarbons | P50 recoverable resources | 55 | million boe | 2022 | [1] |
Table 3: Production from Perth Oil and Gas Field
| Category | Fuel description | Quantity | Units | Data year | Source |
|---|---|---|---|---|---|
| production design capacity | crude oil and condensate | 5.4 | million bbl/y | 2021 | [4] |
| production design capacity | gas | 3285 | million m³/y | 2021 | [4] |
Location
Table 4: Field-level location details for Perth Oil and Gas Field
| Concession/Block | Location | Onshore/Offshore | Coordinates (WGS 84) |
|---|---|---|---|
| 14/25a ALL, 15/21a Residual Area, 15/21b RESIDUAL AREA, 15/21c ALL, 15/21a Gamma Area, 15/21e Residual Area, and 15/21e[4] | Offshore, United Kingdom[5] | Offshore[6] | 58.3103, -0.0626 (exact)[5] |
The map below shows the exact location of the field:
Background
The Perth Field was discovered by Monsanto Oil Co. UK via well 15/21a-7 in 1983. Amerada Hess acquired Monsanto Oil Co. UK and conducted an appraisal of the field in the early 1990s. Shell additionally drilled appraisal wells targeting Perth in 1995.[7]
Operators and partners have changed numerous times since Perth’s discovery. Amerada Hess attempted to develop the field between 2000 and 2009, Nexen did so afterward. However, development stalled due to a lack of a suitable tieback host to process sour fluids. DEO submitted a FDP including a floating production, storage and offshore loading (FPSO) design in 2012, but the project was canceled due to declining oil prices in 2015. The Parkmead Group acquired DEO in 2012 and currently holds 100 percent equity in Perth.[7] Parkmead is an independent energy group listed on LSE.[8]
As of 2020, Perth was expected to reach FID in 2021 with first oil in 2023-2024.[7] However, as of April 2022, the anticipated FID for Perth had been pushed back to 2022 with production projected to commence in 2023. Production is expected to peak in 2024, with an end of economic life in 2054.[9]
Offshore Technology states that the field is expected to recover 36.39 Mmboe, consisting of 33.49 Mmbbl of crude oil and 2.87 (17.41 BCF) of gas. Other estimates are higher, including Parkmead’s P50 recoverable resources[10] estimate of 55 Mmboe. Perth is the “core” of Parkmead’s “Greater Perth Area development project.” That project has the potential to deliver between 75 and 130 MMBoe.[10]
Friends of the Earth estimates potential lifecycle emissions of the field to be around 29 MtCo2e.[11]
Articles and Resources
Additional Data
To access additional data, including an interactive map of oil and gas extraction sites, a downloadable dataset, and summary data, please visit the Global Oil and Gas Extraction Tracker on the Global Energy Monitor website.
References
- ↑ 1.0 1.1 https://web.archive.org/web/20230327124820/https://www.parkmeadgroup.com/news/latest_news/launch_of_greater_perth_area_farmout/. Archived from the original on 27 March 2023.
{{cite web}}: Missing or empty|title=(help) - ↑ https://web.archive.org/web/20230604224844/https://policy.friendsoftheearth.uk/insight/tip-iceberg-future-fossil-fuel-extraction. Archived from the original on 04 June 2023.
{{cite web}}: Check date values in:|archive-date=(help); Missing or empty|title=(help) - ↑ , https://itportal.nstauthority.co.uk/information/licence_reports/offshorebylicence.htm l, https://app.powerbi.com/view?r=eyJrIjoiZjI0MTYzMmQtODRiYy00ZmIwLTgwZWUtM2E2NmUyNTIxZmI0IiwidCI6ImU2ODFjNTlkLTg2OGUtNDg4Ny04MGZhLWNlMzZmMWYyMWIwZiJ9 https://www.parkmeadgroup.com/operations/our_assets/ , https://itportal.nstauthority.co.uk/information/licence_reports/offshorebylicence.htm l, https://app.powerbi.com/view?r=eyJrIjoiZjI0MTYzMmQtODRiYy00ZmIwLTgwZWUtM2E2NmUyNTIxZmI0IiwidCI6ImU2ODFjNTlkLTg2OGUtNDg4Ny04MGZhLWNlMzZmMWYyMWIwZiJ9.
{{cite web}}: Check|url=value (help); Missing or empty|title=(help) - ↑ 4.0 4.1 4.2 4.3 https://web.archive.org/web/20221201175422/https://www.offshore-technology.com/marketdata/perth-conventional-oil-field-uk/. Archived from the original on 01 December 2022.
{{cite web}}: Check date values in:|archive-date=(help); Missing or empty|title=(help) - ↑ 5.0 5.1 https://web.archive.org/web/20240823000241/https://opendata-nstauthority.hub.arcgis.com/datasets/relinquishments-1/explore?location=56.368838%252C-3.101200%252C7.03. Archived from the original on 23 August 2024.
{{cite web}}: Missing or empty|title=(help) - ↑ Natural Earth. 45078 https://www.naturalearthdata.com/downloads/10m-physical-vectors/10m-ocean/. Archived from the original on June 29, 2023. Retrieved June 29, 2023.
{{cite web}}: Check date values in:|date=(help); Missing or empty|title=(help) - ↑ 7.0 7.1 7.2 Allan, N.P. (2020). "The Perth Field, Blocks 14/25a, 15/21c, 15/21e, UK North Sea". Geological Society. 52.
- ↑ "About Parkmead". www.parkmeadgroup.com. Retrieved 2022-09-01.
{{cite web}}: CS1 maint: url-status (link) - ↑ Carmen (April 28, 2022). "Perth Conventional Oil Field, UK". Offshore Technology. Retrieved September 1, 2022.
{{cite web}}: CS1 maint: url-status (link) - ↑ 10.0 10.1 "LAUNCH OF GREATER PERTH AREA FARM-OUT". www.parkmeadgroup.com. Retrieved 2022-09-01.
{{cite web}}: CS1 maint: url-status (link) - ↑ "Tip of the iceberg: The future of fossil fuel extraction | Policy and insight". Friends of the Earth | Policy and insight. Retrieved 2022-09-01.
