Buckskin is a producing conventional oil field located in ultra-deepwater in the US and is operated by LLOG Exploration Offshore. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Keathley Canyon 785, Keathley Canyon 872, Keathley Canyon 829, Keathley Canyon 830, Keathley Canyon 871, and Keathley Canyon 828, with water depth of 6,921 feet. Buy the profile here.
An expansion project is associated with the Buckskin, namely the Buckskin Phase 2. This project is currently in the commissioning stage, expected to start in 2023.
Field participation details
The field is owned by Beacon Offshore Energy Operating, LLOG Exploration, Navitas Petroleum, Repsol, Ridgewood Energy and Ridgewood Rialto Holdings.
Production from Buckskin
The Buckskin conventional oil field recovered 18.21% of its total recoverable reserves, with peak production expected in 2023. The peak production was approximately 36.63 thousand bpd of crude oil and condensate and 8.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2051.
Remaining recoverable reserves
The field is expected to recover 170.10 Mmboe, comprised of 164.08 Mmbbl of crude oil & condensate and 36.13 bcf of natural gas reserves. Buckskin conventional oil field reserves accounts 0.04% of total remaining reserves of producing conventional oil fields globally.
Contractors involved in the Buckskin conventional oil field
Some of the key contractors involved in the Buckskin project as follows.
Other Contractors: Balmoral Group, Core Laboratories and Advanced Integrated Services
About LLOG Exploration Offshore
LLOG Exploration Offshore LLC is involved in the business of exploring, mining, developing, and supply of oil and gas. The company is headquartered in Covington, Louisiana, the US.
For more details on the Buckskin 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.
