Eugene Island 32 is a producing conventional oil 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 32, with water depth of 15 feet. Buy the profile here.
Field participation details
The field is owned by Chevron, Cox Operating, Fieldwood Energy and Orinoco Natural Resources.
Production from Eugene Island 32
The Eugene Island 32 conventional oil field recovered 99.81% of its total recoverable reserves, with peak production in 1955. The peak production was approximately 1.75 thousand bpd of crude oil and condensate and 153.00 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 0.34 Mmboe, comprised of 0.30 Mmbbl of crude oil & condensate and 0.27 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 32 Conventional Oil Field, buy the profile here.