Ann

(Venture)

Offshore gas field in production.

Block and licence number:

49/6a, P.028.

Map reference:

Plate 10

Grid reference:

2° 04’ E 53° 43’ N

Licensees and company interest in block (%) at end of 2001:

Venture Production (North Sea Developments) Limited

85.00

Roots Gas Limited

15.00

   

Date of discovery:

May 1966

Production start:

October 1993

Operator’s estimate of:

 

Recoverable reserves originally present :

Gas (billion cubic metres): 2.56
Oil (million tonnes): 0.09

First year of peak production:

1994

Peak production (billion cubic metres per year):

0.60

Water depth:

31m

Transport system:

Pipeline into the LOGGS system for separation before onward transmission to Conoco’s Theddlethorpe processing plant.

Extension into other UKblocks:

None

Remarks

Sale of Phillip’s equity effective 1st October 2000. Sale completion expected Q2 2001.