Ocs Oversight of 1978 Amendments Hearings Before the Select Committee On Th

United States Congress House Select Committee O

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The North Sea has some of the largest fields in the world.
Most of the reservoirs in the Gulf are small with an average of less than 2 completed wells per structure.
*"No. Sea Petroleum Operation in the United Kingdom & Norway", op. Cit. , p. 16-17. Another & more recent estimate is the following for the United Kingdom, proven reserves, 9. 6 billion bbls of oil and 50 to 60 tcf of gas; for Norway, proven reserves, 4. 8 billion bbls of oil and 22 tcf; estimated recoverable reserves for the Unite...d Kingdom, 18. 7 to 21. 6 billion bbls. (From the Scottish Council, 1978 and Norwegian Ministry of Petroleum and Energy, 1978, in "North Sea Pipeline", NERBC, Boston, Ma. 1979, p. 1-3. ) 534 Only 4 Gulf of Mexico fields produced an average of 50, 000 bbls of oil per day during 1974. More than 2, 000 struc- tures (many of which are single-well satellites) are producing from over 1, 600 oil reservoirs and approximately 1, 200 gas reservoirs. By contrast at least 10 fields in just the British sector will have peak daily produc- tions in excess of 50, 000 bbls, 6 will exceed 100, 000 BOPD, and at least 4 will ultimately produce more than 200, 000 BOPD.

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