Madison is a producing conventional oil field located in deepwater in the US and is operated by Exxon Mobil. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Alaminos Canyon 24, with water depth of 4,856 feet. Buy the profile here.
Field participation details
The field is owned by Exxon Mobil.
Production from Madison
The Madison conventional oil field recovered 88.86% of its total recoverable reserves, with peak production in 2003. The peak production was approximately 6.85 thousand bpd of crude oil and condensate and 5.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2028.
Remaining recoverable reserves
The field is expected to recover 1.92 Mmboe, comprised of 1.61 Mmbbl of crude oil & condensate and 1.86 bcf of natural gas reserves.
About Exxon Mobil
Exxon Mobil Corp (ExxonMobil) is an integrated oil and gas company that discovers, explores for, develops and produces crude oil, natural gas and natural gas liquids. It carries out the refining of crude oil; produces, transports, trades and sells petroleum products; and manufactures lube base stocks and finished lubricants. ExxonMobil also manufactures and markets commodity petrochemicals including olefins, aromatics, polyethylene and polypropylene plastics and a wide variety of specialty products. It operates through a network of manufacturing plants, transportation systems, and distribution centers. The company has an operational presence in North America, Latin America, Asia Pacific, Europe, the Middle East and Africa. ExxonMobil is headquartered in Irving, Texas, the US.
For more details on the Madison 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.
