The Penguins Cluster of fields are owned jointly (50:50) by Shell UK Ltd (Shell) and Esso Exploration and Production UK Ltd (Esso), with Shell as the operator. The cluster was discovered in 1974 and is composed of a combination of oil and gas condensate accumulations located 50–65 km north of the Brent Field, at the northern end of the North Viking Graben. Two main producing reservoirs are present: the Penguins West Field (Penguin A) consists of an Upper Jurassic Magnus Sandstone Member reservoir, while the Penguins East Field (Penguin C, D and E) consists of a Middle Jurassic Brent Group reservoir, underlain by currently undeveloped Statfjord and Triassic (Cormorant) reservoirs. The Magnus reservoir is composed of turbidite sands with an average porosity of 15% and permeabilities of 0.10–300 mD. The Brent reservoirs are composed of deltaic shoreface deposits with an average porosity of 14% and permeabilities of 0.01–1000 mD.

The fields were brought on stream in 2003 as a subsea development via what at the time was the world's longest comingled tieback to the Brent Charlie facility. A total of nine producing wells have been drilled from four subsea manifolds, producing c. 78 MMboe to date through depletion drive.