Kaikias 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 768, Mississippi Canyon 811, and Mississippi Canyon 812, with water depth of 4,479 feet.
An expansion project is associated with the Kaikias, namely Kaikias Phase 3. This project is currently in the feasibility stage.
Field participation details
The field is owned by Shell and Mitsui.
Production from Kaikias
The Kaikias conventional oil field recovered 40.22% of its total recoverable reserves, with peak production in 2020. The peak production was approximately 38.26 thousand bpd of crude oil and condensate and 68 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2038.
Remaining recoverable reserves
The field is expected to recover 60.8 Mmboe, comprised of 57.83 Mmbbl of crude oil & condensate and 17.82 bcf of natural gas reserves. Kaikias 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.