Isabella Oil and Gas Field (United Kingdom)
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Isabella Oil and Gas Field is a discovered oil and gas field in United Kingdom.
Project Details
Main Data
Table 1: Field-level project details for Isabella Oil and Gas Field
| Unit name | Status | Operator | Owner | Discovery year | FID* year | Production start year |
|---|---|---|---|---|---|---|
| Isabella | Discovered[1] | TotalEnergies[2] | TotalEnergies E&P North Sea UK (30.0%); Neptune E&P UK Limited (50.0%); Ithaca Energy (UK) Limited (10.0%); Energean Exploration limited (10.0%)[3] | 2020[4] | – | – |
Production and Reserves
Table 2: Reserves of Isabella Oil and Gas Field
| Fuel Description | Reserve Classification | Quantity | Units | Data Year | Source |
|---|---|---|---|---|---|
| hydrocarbons | reserves | 90 | million boe | 2020 | [5] |
| hydrocarbons | estimated reserves | 120 | million boe | 2021 | [6] |
Location
Table 3: field-level location details for Isabella Oil and Gas Field
| Concession/Block | Location | Coordinates (WGS 84) |
|---|---|---|
| 30/12d[7] | Offshore, United Kingdom[8] | 56.8236, 2.1903 (approximate)[8] |
The map below shows the approximate location of the field:
Background
Total E&P North Sea UK Limited, a subsidiary of TotalEnergies, discovered lean gas, condensate and light oil in the Isabella prospect in 2020. It was the only Central North Sea discovery in 2020.[9] Total holds a 30 percent operator stake in the P1820 license, alongside partners Neptune E&P UK Limited (50%), Ithaca Energy (UK) Limited (10%), and Energean Exploration limited (10%). Neptune’s major shareholders are China Investment Corporation, The Carlyle Group and CVC Capital Partners. Ithaca Energy is a wholly owned subsidiary of Delek Group. Energean is a listed independent company.[10][11][12]
According to Neptune, results for a September appraisal well are due mid-2023. If the results suggest the field is economic to develop, the estimated cost could be $1 billion.[13]
The field has potential lifecycle emissions of 44 MtCo2e, according to published estimates. It is one of the fields Friends of the Earth called out in 2021 for ignoring the guidance of the IEA’s Net Zero by 2050 report.[14]
Articles and Resources
Additional data
To access additional data, including an interactive map of oil and gas extraction sites, a downloadable dataset, and summary data, please visit the Global Oil and Gas Extraction Tracker on the Global Energy Monitor website.
References
- ↑ https://www.offshore-mag.com/field-development/article/14276364/neptune-outlines-north-sea-gas-investment-plans https://www.neptuneenergy.com/operations/united-kingdom/isabella, https://www.offshore-mag.com/field-development/article/14276364/neptune-outlines-north-sea-gas-investment-plans.
{{cite web}}: Check|url=value (help); Missing or empty|title=(help) - ↑ https://www.neptuneenergy.com/operations/united-kingdom/isabella, https://policy.friendsoftheearth.uk/insight/tip-iceberg-future-fossil-fuel-extraction https://totalenergies.com/media/news/press-releases/uk-total-makes-new-gas-and-condensates-discovery-north-sea, https://www.neptuneenergy.com/operations/united-kingdom/isabella, https://policy.friendsoftheearth.uk/insight/tip-iceberg-future-fossil-fuel-extraction.
{{cite web}}: Check|url=value (help); Missing or empty|title=(help) - ↑ (PDF) https://www.neptuneenergy.com/operations/united-kingdom/isabella, https://www.neptuneenergy.com/sites/neptuneenergy-corp/files/investor/reports-and-presentation/2022/FY%20results%202021/Neptune%20Energy_FY%202021_Results%20Presentation.pdf https://totalenergies.com/media/news/press-releases/uk-total-makes-new-gas-and-condensates-discovery-north-sea, https://www.neptuneenergy.com/operations/united-kingdom/isabella, https://www.neptuneenergy.com/sites/neptuneenergy-corp/files/investor/reports-and-presentation/2022/FY%20results%202021/Neptune%20Energy_FY%202021_Results%20Presentation.pdf.
{{cite web}}: Check|url=value (help); Missing or empty|title=(help) - ↑ https://www.offshore-mag.com/drilling-completion/article/14169907/total-proves-gas-light-oil-in-uk-north-sea-isabella-prospect https://www.geoexpro.com/articles/2020/12/potential-impactful-hydrocarbon-discoveries-west-of-shetland, https://www.offshore-mag.com/drilling-completion/article/14169907/total-proves-gas-light-oil-in-uk-north-sea-isabella-prospect.
{{cite web}}: Check|url=value (help); Missing or empty|title=(help) - ↑ https://web.archive.org/web/20220815075417/https://www.geoexpro.com/articles/2020/12/potential-impactful-hydrocarbon-discoveries-west-of-shetland. Archived from the original on 15 August 2022.
{{cite web}}: Missing or empty|title=(help) - ↑ https://issuu.com/energyinst/docs/petroleum_review_august_2021_open_access_articles/s/12933679 https://policy.friendsoftheearth.uk/insight/tip-iceberg-future-fossil-fuel-extraction, https://issuu.com/energyinst/docs/petroleum_review_august_2021_open_access_articles/s/12933679.
{{cite web}}: Check|url=value (help); Missing or empty|title=(help) - ↑ https://web.archive.org/web/20230324204159/https://www.neptuneenergy.com/operations/united-kingdom/isabella. Archived from the original on 24 March 2023.
{{cite web}}: Missing or empty|title=(help) - ↑ 8.0 8.1 https://opendata-nstauthority.hub.arcgis.com/datasets/relinquishments-1/explore?filters=eyJCTE9DS1JFRiI6WyI0OC8xMWMiXX0%3D&location=53.632641%2C1.376796%2C8.90 https://www.offshore-mag.com/drilling-completion/article/14169907/total-proves-gas-light-oil-in-uk-north-sea-isabella-prospect, https://opendata-nstauthority.hub.arcgis.com/datasets/relinquishments-1/explore?filters=eyJCTE9DS1JFRiI6WyI0OC8xMWMiXX0%3D&location=53.632641%2C1.376796%2C8.90.
{{cite web}}: Check|url=value (help); Missing or empty|title=(help) - ↑ Energy Institute magazines (August 2021). "North Sea prospects in challenging times". Petroleum Review. Retrieved August 30, 2022.
{{cite web}}: CS1 maint: url-status (link) - ↑ "FY 2021 Results" (PDF). Neptune Electricity. March 17, 2022.
{{cite web}}: CS1 maint: url-status (link) - ↑ Cite error: Invalid
<ref>tag; no text was provided for refs named:0 - ↑ "UK: Total Makes a New Gas and Condensates Discovery in the North Sea". TotalEnergies.com. Retrieved 2022-08-30.
- ↑ "Neptune outlines North Sea gas investment plans". Offshore Magazine. May 10, 2022. Retrieved August 30, 2022.
{{cite web}}: CS1 maint: url-status (link) - ↑ "Tip of the iceberg: The future of fossil fuel extraction | Policy and insight". Friends of the Earth | Policy and insight. Retrieved 2022-08-30.
