King is a producing conventional oil field located in ultra-deepwater in the US and is operated by Anadarko Petroleum. The field is located in block Mississippi Canyon 127, Mississippi Canyon 129, Mississippi Canyon 764, Mississippi Canyon 84, and Mississippi Canyon 85, with water depth of 5,200 feet.
Field participation details
The field is owned by Occidental Petroleum.
Production from King
The King conventional oil field recovered 68.72% of its total recoverable reserves, with peak production in 2003. The peak production was approximately 88.1 thousand bpd of crude oil and condensate and 86 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2051.
Remaining recoverable reserves
The field is expected to recover 155.2 Mmboe, comprised of 138.31 Mmbbl of crude oil & condensate and 101.38 bcf of natural gas reserves. King conventional oil field reserves accounts 0.03% of total remaining reserves of producing conventional oil fields globally.
About Anadarko Petroleum
Anadarko Petroleum Corp (Anadarko) is an energy company that engages in acquisition, exploration and production of oil and natural gas. It also involved in gathering, compressing, processing, and transporting of natural gas. The company is headquartered in The Woodlands, Texas, the US.
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.