Eugene Island 24 is a producing conventional gas field located in shallow water in the US and is operated by Cox Operating. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Eugene Island 24 and Eugene Island 10, with water depth of 18 feet. Buy the profile here.
Field participation details
The field is owned by ConocoPhillips, Cox Operating, Pemeta Oil and Poston Minerals.
Production from Eugene Island 24
The Eugene Island 24 conventional gas field recovered 97.19% of its total recoverable reserves, with peak production in 1987. The peak production was approximately 1.23 thousand bpd of crude oil and condensate and 46.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2027.
Remaining recoverable reserves
The field is expected to recover 0.90 Mmboe, comprised of 0.13 Mmbbl of crude oil & condensate and 4.62 bcf of natural gas reserves.
About Cox Operating
Cox Operating LLC (COX) is an independent oil and gas company. The company owns and operates assets in the Gulf of Mexico. It provides acquisition and revitalization of mature oil and gas fields in both the OCS and the shallow waters off the coast of Louisiana. COX operates more than 200 producing wells over 25 fields. The company also provides ongoing development program to identify opportunities in existing wells also to new plays and prospects. COX is headquartered in Dallas, Texas, the US.
For more details on the Eugene Island 24 Conventional Gas 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.
