View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Market Data
December 7, 2021updated 27 Apr 2022 12:19pm

Atlantis Phase 3 Conventional Oil Field, US

By Carmen

Atlantis Phase 3 is a producing conventional oil field located in ultra-deepwater in the US and is operated by BP Exploration & Production . The field is located in block Green Canyon 699, Green Canyon 744, Green Canyon 743, and Green Canyon 742, with water depth of 6,834 feet.

Field participation details

The field is owned by BHP and BP.


Production from Atlantis Phase 3

The Atlantis Phase 3 conventional oil field recovered 6.99% of its total recoverable reserves, with peak production expected in 2022. The peak production was approximately 32.94 thousand bpd of crude oil and condensate and 23 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2071.


Remaining recoverable reserves

The field is expected to recover 188.56 Mmboe, comprised of 169.03 Mmbbl of crude oil & condensate and 117.19 bcf of natural gas reserves. Atlantis Phase 3 conventional oil field reserves accounts 0.04% of total remaining reserves of producing conventional oil fields globally.


About BP Exploration & Production

BP Exploration & Production Inc is a company engaged in oil and gas exploration & production.

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Offshore Technology