Grand Isle 47 is a producing conventional 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 52, Grand Isle 39 (00127), Grand Isle 46, Grand Isle 47, Grand Isle 48, Grand Isle 39 (00126), and Grand Isle 52 (00177), with water depth of 111 feet. Buy the profile here.
Field participation details
The field is owned by Apache, Fieldwood Energy and QuarterNorth Energy.
Production from Grand Isle 47
The Grand Isle 47 conventional oil field recovered 99.48% of its total recoverable reserves, with peak production in 1971. The peak production was approximately 9.86 thousand bpd of crude oil and condensate and 32.00 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 1.01 Mmboe, comprised of 0.66 Mmbbl of crude oil & condensate and 2.09 bcf of natural gas reserves.
For more details on the Grand Isle 47 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.
