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May 5, 2022

Cottonwood Heavy Oil Field, US

By Carmen

Cottonwood is a producing heavy oil field located in deepwater in the US and is operated by Murphy Exploration & Production. The field is located in block Garden Banks 244, with water depth of 2,130 feet.

Field participation details

The field is owned by Murphy Oil and Petroleo Brasileiro.


Production from Cottonwood

The Cottonwood heavy oil field recovered 98.73% of its total recoverable reserves, with peak production in 2007. The peak production was approximately 2.96 thousand bpd of crude oil and condensate and 21 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2025.


Remaining recoverable reserves

The field is expected to recover 0.13 Mmboe, comprised of 0.09 Mmbbl of crude oil & condensate and 0.24 bcf of natural gas reserves.


About Murphy Exploration & Production

Murphy Exploration & Production Company is engaged in in crude oil and natural gas exploration and production. it operates as subsidiary of Murphy Oil Corporation.

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.

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