Coelacanth is a producing conventional oil field located in deepwater in the US and is operated by Walter Oil & Gas. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Ewing Bank 834, Ewing Bank 790, Ewing Bank 835, Mississippi Canyon 793, and Ewing Bank 789, with water depth of 1,183 feet. Buy the profile here.
Field participation details
The field is owned by Gordy Oil, Ridgewood Energy, Talos Energy and Walter Oil & Gas.
Production from Coelacanth
The Coelacanth conventional oil field recovered 28.53% of its total recoverable reserves, with peak production expected in 2023. The peak production was approximately 13.44 thousand bpd of crude oil and condensate and 15.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2065.
Remaining recoverable reserves
The field is expected to recover 80.08 Mmboe, comprised of 67.50 Mmbbl of crude oil & condensate and 75.49 bcf of natural gas reserves. Coelacanth conventional oil field reserves accounts 0.02% of total remaining reserves of producing conventional oil fields globally.
About Walter Oil & Gas
Walter Oil & Gas Corp (Walter Oil) is an oil and gas company. It explores and produces crude oil and natural gas on conventional Offshore. Its drilling exploration of ultra deep water asset SW Horseshoe produces crude oil and natural gas. Walter Oil owns and operates subsea oil wells in the Gulf of Mexico. The company offers offshore and marine forecasting for the oil and gas, and petrochemical industries. It uses the drilling and evaluation technology. Walter Oil is headquartered in Houston, Texas, the US.
For more details on the Coelacanth 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.
