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December 1, 2021

Lucius Conventional Oil Field, US

By Carmen

Lucius 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 Keathley Canyon 874, Keathley Canyon 875, Keathley Canyon 919, and Keathley Canyon 918, with water depth of 7,381 feet.

Field participation details

The field is owned by Occidental Petroleum, Petroleo Brasileiro, Murphy Oil, Eni and Inpex.


Production from Lucius

The Lucius conventional oil field recovered 52.85% of its total recoverable reserves, with peak production in 2016. The peak production was approximately 73.76 thousand bpd of crude oil and condensate and 83 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2067.


Remaining recoverable reserves

The field is expected to recover 103.8 Mmboe, comprised of 98.03 Mmbbl of crude oil & condensate and 34.62 bcf of natural gas reserves. Lucius conventional oil field reserves accounts 0.02% 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.

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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