Herschel is a producing conventional oil field located in ultra-deepwater in the US and is operated by BP Exploration & Production. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Mississippi Canyon 520, with water depth of 6,841 feet. Buy the profile here.
Field participation details
The field is owned by BP and Shell.
Production from Herschel
The Herschel conventional oil field recovered 24.24% of its total recoverable reserves, with peak production expected in 2023. The peak production was approximately 27.22 thousand bpd of crude oil and condensate and 19.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2075.
Remaining recoverable reserves
The field is expected to recover 154.42 Mmboe, comprised of 140.77 Mmbbl of crude oil & condensate and 81.91 bcf of natural gas reserves. Herschel conventional oil field reserves accounts 0.03% of total remaining reserves of producing conventional oil fields globally.
About BP Exploration & Production
BP Exploration & Production Inc is a company engaged in oil and gas exploration & production.
For more details on the Herschel Conventional Oil Field, buy the profile here.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
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.
