Leon is a conventional oil development located in ultra-deepwater in the US and is operated by LLOG Exploration Offshore. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Leon was discovered in 2014, lies in block Keathley Canyon 642, with water depth of around 6,117 feet. Buy the profile here.
The project is currently in construction stage and is expected to start commercial production in 2025. Final investment decision (FID) of the project was approved in 2022.
Field participation details
The field is owned by Beacon Offshore Energy Operating, LLOG Exploration and Repsol.
Production from Leon
Production from the Leon conventional oil development project is expected to begin in 2025 and is forecast to peak in 2028, to approximately 36,000 bpd of crude oil and condensate and 24 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2062.
Remaining recoverable reserves
The field is expected to recover 154.25 Mmboe, comprised of 138.91 Mmbbl of crude oil & condensate and 92.04 bcf of natural gas reserves.
Contractors involved in the Leon conventional oil field
Some of the key contractors involved in the Leon project as follows.
EPC Contractors: Audubon Engineering
Other Contractors: Enerflex, Keppel, American Bureau of Shipping, Gate and Advanced Technology Valve
About LLOG Exploration Offshore
LLOG Exploration Offshore LLC is involved in the business of exploring, mining, developing, and supply of oil and gas. The company is headquartered in Covington, Louisiana, the US.
For more details on the Leon 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.
