| Pierce |
(Enterprise) |
| Offshore
oil field under development. |
 |
| Block
and licence number: |
23/22a, P.111 |
| Map
reference: |
Plate 9 |
| Licensees
and company interest in block (%) at end of 1997: |
| Enterprise
Oil plc |
65.9875 |
| MOC
Exploration (UK) Ltd |
17.0653 |
| AGIP (UK)
Ltd |
16.9474 |
| Date
of discovery: |
March 1976 |
| Production
start: |
(Expected) August 1998 |
| Operator’s
estimate of: |
|
| Recoverable
reserves originally present (million tonnes): |
15.531 |
| First
year of peak production: |
1999 |
| Peak
production (million tonnes per year): |
2.124 |
| Water
depth: |
85m |
| Gravity:
|
38°API |
| Sulphur
content: |
5 ppmw H2S |
| Transport
system: |
Oil exported
by shuttle to nominated European Port. |
| Extension
into other UK blocks: |
Block
number, licence number and licensee/company interest in
block (%) at end of 1997: 23/27, P.114
| Ranger Oil (UK)
Ltd |
20.00 |
| Enterprise Oil
Expl. Ltd |
40.00 |
| Enterprise Oil
plc |
36.25 |
| Santos (Europe)
Ltd |
3.75 |
|
| Remarks: |
Enterprise
is the operator of the field with Pierce Production
company (company representation of Navion, APS and
Bergesen) which have been contracted to provide FPSO,
Drilling services are provided by Wells Development
Alliance. Under a
pre-development unitisation agreement the unit
participation in the Pierce Field is:
| Enterprise Oil
plc |
42.7922 |
| Enterprise Oil
Exploration Ltd |
31.2000 |
| Ranger Oil (UK)
Ltd |
15.6000 |
| MOC Exploration
(UK) Ltd |
3.7544 |
| AGIP (UK) Ltd |
3.7384 |
| Santos (Europe)
Ltd |
2.9250 |
|
| Name
Pierce |
The field
was named by Ranger after the late founder of Ranger Oil. |