Eugene Island 314 is a producing conventional oil field located in shallow water in the US and is operated by Arena Offshore. 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 314 and Eugene Island 332, with water depth of 240 feet. Buy the profile here.
Field participation details
The field is owned by Arena Energy and San Juan Offshore.
Production from Eugene Island 314
The Eugene Island 314 conventional oil field recovered 98.50% of its total recoverable reserves, with peak production in 1977. The peak production was approximately 17.66 thousand bpd of crude oil and condensate and 106.00 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 2.53 Mmboe, comprised of 2.40 Mmbbl of crude oil & condensate and 0.82 bcf of natural gas reserves.
For more details on the Eugene Island 314 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.
