Europa is a producing conventional oil field located in deepwater in the US and is operated by Shell Offshore. The field is located in block Mississippi Canyon 934, Mississippi Canyon 935, and Mississippi Canyon 890, with water depth of 3,918 feet.
Field participation details
The field is owned by BP, Eni, Shell and ConocoPhillips.
Production from Europa
The Europa conventional oil field recovered 71.37% of its total recoverable reserves, with peak production in 2000. The peak production was approximately 28.05 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 2047.
Remaining recoverable reserves
The field is expected to recover 42.16 Mmboe, comprised of 36.53 Mmbbl of crude oil & condensate and 33.79 bcf of natural gas reserves. Europa conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.
About Shell Offshore
Shell Offshore Inc (Shell Offshore) an oil and gas company which offers the wholesale distribution of petroleum and petroleum products. The company is headquartered in Houston, 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.