Marquette is a producing conventional oil field located in deepwater in the US and is operated by ConocoPhillips Canada Resources. 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 52 and Green Canyon 53, with water depth of 650 feet. Buy the profile here.
Field participation details
The field is owned by Chevron, ConocoPhillips and Marathon Oil.
Production from Marquette
The Marquette conventional oil field recovered 98.06% of its total recoverable reserves, with peak production in 1991. The peak production was approximately 7.32 thousand bpd of crude oil and condensate and 10.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2026.
Remaining recoverable reserves
The field is expected to recover 0.39 Mmboe, comprised of 0.34 Mmbbl of crude oil & condensate and 0.26 bcf of natural gas reserves.
About ConocoPhillips Canada Resources
ConocoPhillips Canada Resources Corp (ConocoPhillips) is a company that explores and produces oil and natural gas. The company is headquartered in Canada.
For more details on the Marquette 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.
