Larch

(Venture Production Company)

Offshore oil field in production.

Block and licence number:

16/12a, P.212

Map reference:

Plate 8

Grid reference:

1° 16’ E 53° 36’ N

Licensees and company interest in field (%) at end of February 2002:

Venture Production Company (North Sea) Limited

56.86

Marubeni Oil & Gas (UK) Ltd

43.14

Date of discovery:

March 1986

Production start:

July 1998

Operator’s estimate of:

Recoverable reserves originally present (million tonnes):

Oil: 1.429
NGLs: 0.071

First year of peak production:

1998

Peak production (million tonnes per year):

0.257

Water depth:

126m

Gravity:

35.2° API

Sulphur content:

0.19%

Transport system:

Brae/Forties pipeline system.

Extension into other UK blocks:

None