Chevron is selling its Central North Sea production fields, specifically Alba (23.37% + Op), Alder (73.68% + Op), Britannia (32.38%), Brodgar (25%), Callanish (16.5%), Captain (85% + Op), Erskine (50% + Op), Enochdhu (50%), Elgin/Franklin (3.9%) and Jade (19.93%). Chevron also holds equity in Clair Field (19.42%) and Rosebank development (40% + Op) in the West of Sheltand area, which the company has not specified as for sale but may consider inclusive offers. UK company net production averaged 50,000 bo/d and 155 MMcfg/d during 2017. Chevron reported end 2017 net reserves of 145 MMbo and 301 Bcfg for its European production assets, specifically the UK and its 12% share of the Danish Underground Consortium (DUC). Ongoing development of Clair Ridge and planned development of Rosebank would each add around 120 MMboe net resources to Chevron UK. <P />
Chevron is selling its Central North Sea production fields, specifically Alba (23.37% + Op), Alder (73.68% + Op), Britannia (32.38%), Brodgar (25%), Callanish (16.5%), Captain (85% + Op), Erskine (50% + Op), Enochdhu (50%), Elgin/Franklin (3.9%) and Jade (19.93%). Chevron also holds equity in Clair Field (19.42%) and Rosebank development (40% + Op) in the West of Sheltand area, which the company has not specified as for sale but may consider inclusive offers. UK company net production averaged 50,000 bo/d and 155 MMcfg/d during 2017. Chevron reported end 2017 net reserves of 145 MMbo and 301 Bcfg for its European production assets, specifically the UK and its 12% share of the Danish Underground Consortium (DUC). Ongoing development of Clair Ridge and planned development of Rosebank would each add around 120 MMboe net resources to Chevron UK