Leo is a producing conventional gas field located in deepwater in the US and is operated by LLOG Exploration Offshore. The field is located in block Mississippi Canyon 546, with water depth of 2,646 feet.
Field participation details
The field is owned by Deepwater Development, LLOG Exploration and China National Offshore Oil.
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Production from Leo
The Leo conventional gas field recovered 61.14% of its total recoverable reserves, with peak production in 2019. The peak production was approximately 10.37 thousand bpd of crude oil and condensate and 39 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2036.
Remaining recoverable reserves
The field is expected to recover 31.22 Mmboe, comprised of 18.11 Mmbbl of crude oil & condensate and 78.6 bcf of natural gas reserves. Leo conventional gas field reserves accounts 0.01% of total remaining reserves of producing conventional gas fields globally.
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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