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Shell's Jackdaw Field Set for Development

NATURAL GAS

Shell gave its final investment decision this week to give the green light to develop the Jackdaw gas field in the British North Sea.

  • It is expected to come online in the mid-2020s and could provide 6% of UK gas output.
  • The plan had originally been rejected by UK authorities but has come back into focus given surging gas prices and a push to enhance the country's energy security.
  • Jackdaw, which has reserves of between 120 million and 250 million barrels of oil equivalent, will be tied to Shell's existing Shearwater gas hub. Shell expects the field to produce 40,000 barrels of oil equivalent per day at its peak.
Energy BulletsCommodities
Energy BulletsCommodities

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