Longhorn MC 503 is a producing conventional gas field located in deepwater in the US and is operated by Eni Us Operating. 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 502, with water depth of 2,648 feet. Buy the profile here.
Field participation details
The field is owned by China National Offshore Oil and Eni.
Production from Longhorn MC 503
The Longhorn MC 503 conventional gas field recovered 74.28% of its total recoverable reserves, with peak production in 2011. The peak production was approximately 1.53 thousand bpd of crude oil and condensate and 119.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2041.
Remaining recoverable reserves
The field is expected to recover 15.15 Mmboe, comprised of 0.31 Mmbbl of crude oil & condensate and 89.04 bcf of natural gas reserves. Longhorn MC 503 conventional gas field reserves accounts 0.01% of total remaining reserves of producing conventional gas fields globally.
For more details on the Longhorn MC 503 Conventional Gas 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.
