Ariel is a producing conventional oil field located in ultra-deepwater in the US and is operated by BP Exploration & Production. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Mississippi Canyon 429 and Mississippi Canyon 430, with water depth of 6,240 feet. Buy the profile here.
Field participation details
The field is owned by BP and Shell.
Production from Ariel
The Ariel conventional oil field recovered 93.29% of its total recoverable reserves, with peak production in 2005. The peak production was approximately 25.55 thousand bpd of crude oil and condensate and 36.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2028.
Remaining recoverable reserves
The field is expected to recover 7.17 Mmboe, comprised of 6.36 Mmbbl of crude oil & condensate and 4.87 bcf of natural gas reserves.
About BP Exploration & Production
BP Exploration & Production Inc is a company engaged in oil and gas exploration & production.
For more details on the Ariel Conventional Oil Field, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
