Kaikias is a producing conventional oil field located in deepwater in the US and is operated by Shell Offshore. 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 768, Mississippi Canyon 811, and Mississippi Canyon 812, with water depth of 4,479 feet. Buy the profile here.
An expansion project is associated with the Kaikias, namely the Kaikias Phase 3. This project is currently in the feasibility stage.
Field participation details
The field is owned by Mitsui and Shell.
Production from Kaikias
The Kaikias conventional oil field recovered 58.96% of its total recoverable reserves, with peak production in 2020. The peak production was approximately 38.26 thousand bpd of crude oil and condensate and 68.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2038.
Remaining recoverable reserves
The field is expected to recover 45.48 Mmboe, comprised of 43.22 Mmbbl of crude oil & condensate and 13.54 bcf of natural gas reserves. Kaikias conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.
About Shell Offshore
Shell Offshore Inc (Shell Offshore) an oil and gas company which offers the wholesale distribution of petroleum and petroleum products. The company is headquartered in Houston, Texas, the US.
For more details on the Kaikias Conventional Oil Field, buy the profile here.