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Markets & Forecasts

Culzean field to support UK gas output

Total is expected to start production from the North Sea field soon, helping to limit the UK’s growing reliance on imported gas Total is expected to start production from the North Sea field soon, helping to limit the UK’s growing reliance on imported gas.
By Catriona Scott 6 June 2019 Asia Pacific / Supply & Demand 0 34290
Total's Elgin platform in the North Sea. (Total E&P UK)

Directional impact on forecast:
Bullish for UK gas production

Total’s Culzean field in the UK’s North Sea is expected to begin production in the coming days. Culzean is a high-pressure, high-temperature gas condensate field that was discovered in 2008 and has estimated resources of 250-300 million barrels of oil equivalent. It was sanctioned in 2015 and is the largest UK gas field to be approved in the past 25 years. Once operational, the field is expected to produce gas for a minimum of...