Leverett is a conventional oil development located in shallow water in the UK and is operated by Neo Energy Petroleum. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, lies in block 21/3d ALL, with water depth of around 478 feet. Buy the profile here.
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The project is currently in commissioning stage and is expected to start commercial production in 2024. Final investment decision (FID) of the project was approved in 2022. The development cost is expected to be $171 m. The Leverett conventional oil development will involve the drilling of approximately four wells and includes subsea tree.
Field participation details
The field is owned by Delek Group, Harbour Energy and Neo Energy Group.
Production from Leverett
Production from the Leverett conventional oil development project is expected to begin in 2024 and is forecast to peak in 2025, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2118.
About Neo Energy Petroleum
Neo Energy Petroleum Ltd (Neo Energy) is a company that produces and explores crude oil, natural gas, and other related products. Neo Energy is headquartered in London, Greater London, the UK.
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This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
