Lucius is a producing conventional oil field located in ultra-deepwater in the US and is operated by Anadarko Petroleum. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Keathley Canyon 874, Keathley Canyon 875, Keathley Canyon 919, and Keathley Canyon 918, with water depth of 7,386 feet. Buy the profile here.
Field participation details
The field is owned by Eni, Murphy Oil, Occidental Petroleum and Petroleo Brasileiro.
Production from Lucius
The Lucius conventional oil field recovered 64.43% of its total recoverable reserves, with peak production in 2016. The peak production was approximately 73.76 thousand bpd of crude oil and condensate and 83.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2065.
Remaining recoverable reserves
The field is expected to recover 72.19 Mmboe, comprised of 57.64 Mmbbl of crude oil & condensate and 87.34 bcf of natural gas reserves. Lucius conventional oil field reserves accounts 0.02% of total remaining reserves of producing conventional oil fields globally.
About Anadarko Petroleum
Anadarko Petroleum Corp (Anadarko) is an energy company that engages in acquisition, exploration and production of oil and natural gas. It also involved in gathering, compressing, processing, and transporting of natural gas. The company is headquartered in The Woodlands, Texas, the US.
For more details on the Lucius 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.
