Lobster/Oyster is a producing heavy oil field located in deepwater in the US and is operated by Talos Energy Ventures. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Ewing Bank 917, Ewing Bank 873, South Timbalier 308, and Ewing Bank 874, with water depth of 1,195 feet. Buy the profile here.

Field participation details

The field is owned by Chevron and Talos Energy.

Production from Lobster/Oyster

The Lobster/Oyster heavy oil field recovered 82.14% of its total recoverable reserves, with peak production in 1999. The peak production was approximately 50.08 thousand bpd of crude oil and condensate and 42.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2045.

Remaining recoverable reserves

The field is expected to recover 44.35 Mmboe, comprised of 35.83 Mmbbl of crude oil & condensate and 51.14 bcf of natural gas reserves. Lobster/Oyster heavy oil field reserves accounts 0.10% of total remaining reserves of producing heavy oil fields globally.

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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.