Banff

(Conoco)

Offshore oil field in production.

Block and licence number:

29/2a, P.224

Map reference:

Plate 9

Grid reference:

1° 19’ E 57° 00’ N

Licensees and company interest in block (%) at end of 2000:

Conoco (UK) Ltd

34.50

Ranger Oil (UK) Ltd

25.20

Enterprise Oil plc

26.67

Agip Exploration & Production Ltd

13.54

Date of discovery:

October 1991

Production start:

September 1996

Operator’s estimate of:

 

Recoverable reserves originally present:

Oil: (million tonnes) 6.7
Gas: (billion cubic metres) 0.61

First year of peak production:

1999

Peak production (million tonnes per year):

2.00

Water depth:

100m

Transport system:

Tanker offtake.

Extension into other UK blocks:

Block number, licence number and licensee/company interest in block (%) at end of 2000:

22/27a, P.114:

Ranger Oil (UK) Ltd

44.85

Enterprise Oil Exploration Ltd

43.40

Petrobras North Sea Ltd

11.75

Remarks:

Field is unitised with fixed equity interests (%) as follows:

Conoco (UK) Ltd.

31.70

Ranger Oil (UK) Ltd.

26.20

Enterprise Oil Expl. Ltd

27.90

Agip (UK) Ltd.

12.40

Petrobras North Sea Ltd.

1.80