Julia is a producing conventional oil field located in ultra-deepwater in the US and is operated by Exxon Mobil. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Walker Ridge 627 and Walker Ridge 584, with water depth of 7,120 feet. Buy the profile here.
An expansion project is associated with the Julia, namely the Julia Phase 2. This project is currently in the approval stage, expected to start in 2033.
Field participation details
The field is owned by Equinor and Exxon Mobil.
Production from Julia
The Julia conventional oil field recovered 75.61% of its total recoverable reserves, with peak production in 2021. The peak production was approximately 32.22 thousand bpd of crude oil and condensate and 4.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2034.
Remaining recoverable reserves
The field is expected to recover 20.01 Mmboe, comprised of 19.32 Mmbbl of crude oil & condensate and 4.17 bcf of natural gas reserves.
About Exxon Mobil
Exxon Mobil Corp (ExxonMobil) is an integrated oil and gas company that discovers, explores for, develops and produces crude oil, natural gas and natural gas liquids. It carries out the refining of crude oil; produces, transports, trades and sells petroleum products; and manufactures lube base stocks and finished lubricants. ExxonMobil also manufactures and markets commodity petrochemicals including olefins, aromatics, polyethylene and polypropylene plastics and a wide variety of specialty products. It operates through a network of manufacturing plants, transportation systems, and distribution centers. The company has an operational presence in North America, Latin America, Asia Pacific, Europe, the Middle East and Africa. ExxonMobil is headquartered in Irving, Texas, the US.
For more details on the Julia 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.
