Mad Dog Phase 2 is a producing conventional oil field located in ultra-deepwater in the US and is operated by BP Exploration & Production. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Green Canyon 825 and Green Canyon 826, with water depth of 5,062 feet. Buy the profile here.

Two expansion projects are associated with the Mad Dog Phase 2 conventional oil field, namely the Mad Dog Phase 2 growth opportunities and the Mad Dog WI Expansion. The expansion projects are currently in the feasibility stage, targeting start-up during 2025 – 2026.

Field participation details

The field is owned by BP, Chevron and Woodside Energy Group.

Production from Mad Dog Phase 2

The Mad Dog Phase 2 conventional oil field with peak production expected in 2024. The peak production will approximately 119.85 thousand bpd of crude oil and condensate and 146.00 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 510.22 Mmboe, comprised of 424.05 Mmbbl of crude oil & condensate and 517.00 bcf of natural gas reserves. Mad Dog Phase 2 conventional oil field reserves accounts 0.11% of total remaining reserves of producing conventional oil fields globally.

About BP Exploration & Production

BP Exploration & Production Inc is a company engaged in oil and gas exploration & production.

For more details on the Mad Dog Phase 2 Conventional Oil Field, buy the profile here.

GlobalData

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.