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The field was determined in 1976 and has been appraised through the boring and testing of four further wells, with flow rates of up to 2,900 bopd achieved.
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Bressay is expected to fling the group probative 2c resources of up to 115 mmbbls, net to enquest and provides the opportunity for a long-term, scurvy cost, phased sub-sea tie back projection, potentially to the kraken field.
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Enquest plc - london-based petroleum geographic expedition and production caller which operates principally in the.
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Where is the Bressay oil field in the North Sea?
Bressay is a heavy oil field in the Northern North Sea located in 110 meters water depth and 12 kilometers Northeast of the EnQuest operated Kraken heavy oil field. It is one of the largest undeveloped oil fields in the UKCS with an estimated stock-tank oil initially in place ('STOIIP') of 600 to 1,050 MMbbls.
How big is the Bressay field in the UK?
It is one of the largest undeveloped oil fields in the UKCS with an estimated stock-tank oil initially in place ('STOIIP') of 600 to 1,050 MMbbls. The Bressay field is located across four UK licence blocks: P234, P493, P920 and P977.
Who is the operator of the Bressay field?
London-listed EnQuest said today it had completed the £13 million acquisition of a stake in the Bressay field from Equinor. EnQuest, as operator, now has a 40.81% interest, Equinor has retained 40.81%, and Chrysaor has 18.38%.
Who is the owner of the Bressay oil field?
In January 2021, EnQuest completed the transaction to buy a 40.81% interest and operatorship in the Bressay oil field, from Norwegian oil company Equinor, which retains a 40.81% interest in the field. The remaining 18.38% interest is held by Chrysaor.
Last Update: Oct 2021
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With the addition of up to 115 mmbbls of last 2c resources, bressay provides enquest AN opportunity to attest its proven capabilities in low-cost boring, near-field and operose oil development.
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