Cottonwood is a producing heavy oil field located in deepwater in the US and is operated by Murphy 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 Garden Banks 244, with water depth of 2,130 feet. Buy the profile here.
Field participation details
The field is owned by Murphy Oil and Petroleo Brasileiro.
Production from Cottonwood
The Cottonwood heavy oil field recovered 98.67% of its total recoverable reserves, with peak production in 2007. The peak production was approximately 2.96 thousand bpd of crude oil and condensate and 21.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2026.
Remaining recoverable reserves
The field is expected to recover 0.14 Mmboe, comprised of 0.10 Mmbbl of crude oil & condensate and 0.24 bcf of natural gas reserves.
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.
For more details on the Cottonwood Heavy Oil Field, buy the profile here.