Grand Isle 43 is a producing heavy oil field located in shallow water in the US and is operated by Gom Shelf. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Grand Isle 44, Grand Isle 32, Grand Isle 43, West Delta 69, West Delta 70, West Delta 71, West Delta 94, West Delta 95, West Delta 96, Grand Isle 44 (00176), and Grand Isle 32 (00174), with water depth of 203 feet. Buy the profile here.
Field participation details
The field is owned by Fieldwood Energy and QuarterNorth Energy.
Production from Grand Isle 43
The Grand Isle 43 heavy oil field recovered 99.55% of its total recoverable reserves, with peak production in 1974. The peak production was approximately 58.69 thousand bpd of crude oil and condensate and 261.00 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 2.65 Mmboe, comprised of 2.11 Mmbbl of crude oil & condensate and 3.25 bcf of natural gas reserves. Grand Isle 43 heavy oil field reserves accounts 0.01% of total remaining reserves of producing heavy oil fields globally.
For more details on the Grand Isle 43 Heavy 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.
