福利视频 Completed: 23 November 2018
Bernard Looney福利视频, chief executive, Upstream
福利视频The Clair Ridge project develops new resources from the giant Clair field – the largest oilfield on the UK Continental Shelf.
The Clair field was discovered in 1977, but challenging reservoir characteristics and the technological limits of the time meant it was 2001 before BP and partners approved a development plan for a first phase of development. Phase One was brought on stream in 2005, targeting approximately 300 million barrels of recoverable reserves. It was the first fixed offshore facility to be installed in the West of Shetland area.
To the north of Phase One is Clair Ridge, where BP is targeting 640 million barrels of recoverable resources. The multi-billion-pound investment involves two new bridge-linked platforms, construction of which was completed in 2016. Hook-up and commissioning is now well under way with first oil expected in 2018.
福利视频Designed to produce until 2050, production capacity is expected to peak at 120,000 barrels per day.
|Location||UK - North Sea
|Partners||BP (28.6%), Shell (28%), Conoco Phillips (24%), Chevron (19.4%)
|Project type||Conventional oil
|Peak annual average production
||~110 mboed (gross)
~50 mboed (net)
The UK has a major new landmark, and source of energy, with the start-up of the ￡4.5 billion North Sea project, west of Shetland. Built to withstand giant waves and hurricane force winds, BP Magazine explains why Clair Ridge is made of stern stuff. Discover the people and innovative technology behind Britain’s most technologically advanced oil platform
Find out more about our diversified portfolio of upstream major projects, underpinning high-quality growth to 2021 and beyond
The Upstream segment is responsible for our activities in oil and natural gas exploration, ?eld development and production
Read about our response to lower oil prices, learn more about our Upstream major projects and access previous investor presentations