CATCHER
CULZEAN
SIX OF THE UK ’ S BIGGEST OFFSHORE OIL FINDS
in the Captain oil field , which lies some 90 miles north east of Aberdeen , with Korea Captain Company and Hanwha Energy holding the remaining 15 percent . Captain first began producing oil in 1997 and was initially thought to contain around 350 million barrels of recoverable reserves .
CATCHER
When Catcher was discovered in 2010 , it was hailed as the biggest oil discovery since Buzzard . At the time , it was reported that the field held more than 300 million barrels of oil . Premier Oil operates the field and holds a 50 percent stake , while other partners include MOL Group and Cairn Group , who hold 20 and 30 percent stakes , respectively . Catcher is expected to produce its first oil in the middle of next year .
CULZEAN
Maersk Oil discovered the Culzean gas condensate field in 2008 . Its total resources are thought to be between 250 million and 300 million barrels of oil equivalent . At peak production in 2020 / 21 it will produce enough gas to meet five percent of the UK ’ s total demand . Production is due to start in 2019 and will continue for over a decade .
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