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December 6, 2021updated 27 Apr 2022 11:59am

Mississippi Canyon 208 Conventional Oil Field, US

By Carmen

Mississippi Canyon 208 is a producing conventional oil field located in deepwater in the US and is operated by Murphy Exploration & Production. The field is located in block Mississippi Canyon 208, with water depth of 4,924 feet.

Field participation details

The field is owned by Murphy Oil, Red Willow Production, Calypso Exploration, Ridgewood Energy, Talos Energy and Crux1.


Production from Mississippi Canyon 208

The Mississippi Canyon 208 conventional oil field recovered 29.10% of its total recoverable reserves, with peak production in 2016. The peak production was approximately 9.49 thousand bpd of crude oil and condensate and 25 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2058.


Remaining recoverable reserves

The field is expected to recover 61.31 Mmboe, comprised of 46.74 Mmbbl of crude oil & condensate and 87.39 bcf of natural gas reserves. Mississippi Canyon 208 conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.


About Murphy Exploration & Production

Murphy Exploration & Production Company is engaged in in crude oil and natural gas exploration and production. it operates as subsidiary of Murphy Oil Corporation.

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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