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  1. Market Data
May 2, 2022

Gum West Conventional Gas Field, US

By Carmen

Gum West is a producing conventional gas field located in shallow water in the US and is operated by Fieldwood Energy. The field has water depth of 60 feet.

Field participation details

The field is owned by Fieldwood Energy.


Production from Gum West

The Gum West conventional gas field recovered 99.95% of its total recoverable reserves, with peak production in 1993. The peak production was approximately 0.16 thousand bpd of crude oil and condensate and 26 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 0.01 Mmboe, comprised of 0 Mmbbl of crude oil & condensate and 0.02 bcf of natural gas reserves.


About Fieldwood Energy

Fieldwood Energy LLC (Fieldwood Energy) is an offshore oil and gas producer in the Gulf of Mexico region, which is backed by Riverstone Holdings LLC. The company carries out the business of acquisition, exploration and development of assets in the shallow and deep water of the US Gulf of Mexico, offshore Mexico and the Gulf Coast regions. It operates 500 offshore blocks on the Gulf of Mexico Shelf which focuses on acquiring and developing conventional assets. The company is also an Pokoch and Ichalkil fields in Mexico’s shallow water Bay of Campeche situated approximately 60 miles offshore Ciudad del Carmen. Fieldwood Energy 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.

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