Cyrus is a producing conventional oil field located in shallow water in the US and is operated by Cox Operating. The field is located in block High Island A 563, with water depth of 440 feet.
Field participation details
The field is owned by Cox Operating, Fieldwood Energy, WesPac Energy, Diverse Operating, Online Resources, Spur Operating, Proven Properties and Black Elk Energy Offshore Operations.
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Production from Cyrus
The Cyrus conventional oil field recovered 99.51% of its total recoverable reserves, with peak production in 1988. The peak production was approximately 1.17 thousand bpd of crude oil and condensate and 160 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 0.54 Mmboe, comprised of 0.43 Mmbbl of crude oil & condensate and 0.67 bcf of natural gas reserves.
About Cox Operating
Cox Operating LLC (COX) is an independent oil and gas company. The company owns and operates assets in the Gulf of Mexico. It provides acquisition and revitalization of mature oil and gas fields in both the OCS and the shallow waters off the coast of Louisiana. COX operates more than 200 producing wells over 25 fields. The company also provides ongoing development program to identify opportunities in existing wells also to new plays and prospects. COX is headquartered in Dallas, Texas, the US.
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.
