North Platte is a conventional oil development located in deepwater in the US and is operated by Total E&P USA. Discovered in 2012, North Platte lies in block Garden Banks 959, Garden Banks 915, Garden Banks 916, and Garden Banks 958, with water depth of around 4,850 feet.
The project is currently in feed stage and is expected to start commercial production in 2025. Final investment decision (FID) of the project will be approved in 2021. The North Platte conventional oil development will involve the drilling of approximately eight wells and includes FPU and subsea trees.
Field participation details
The field is owned by TotalEnergies and Equinor.
Production from North Platte
Production from the North Platte conventional oil development project is expected to begin in 2025 and is forecast to peak in 2027, to approximately 73,309 bpd of crude oil and condensate and 88 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2047.
Remaining recoverable reserves
The field is expected to recover 295.26 Mmboe, comprised of 244.18 Mmbbl of crude oil & condensate and 306.49 bcf of natural gas reserves.
Contractors involved in the North Platte conventional oil field
Some of the key contractors involved in the North Platte project as follows.
Design/FEED Engineering: Worley
Other Contractors: NOV
About Total E&P USA
Total E&P USA Inc (TEP USA) formerly Elf Exploration Inc, a subsidiary of Total S.A., is an energy service providing company that explores and produces crude oil and natural gas. The company offers offshore oil production and exploration in the Gulf of Mexico to onshore unconventional shale gas development. It also provides deepwater exploration and development services and supports social development and economic development in their regions. TEP USA operates thorough an upstream research center in Houston. The company partners and joint ventures with energy corporation companies across the US. TEP USA is headquartered in Houston, 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.