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...
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