Medusa is a producing conventional oil field located in deepwater in the US and is operated by Murphy 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 Mississippi Canyon 582 and Mississippi Canyon 538, with water depth of 2,485 feet. Buy the profile here.
Field participation details
The field is owned by Eni, Murphy Oil, Petroleo Brasileiro and W&T Offshore.
Production from Medusa
The Medusa conventional oil field recovered 90.61% of its total recoverable reserves, with peak production in 2006. The peak production was approximately 25.05 thousand bpd of crude oil and condensate and 27.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2035.
Remaining recoverable reserves
The field is expected to recover 8.07 Mmboe, comprised of 6.41 Mmbbl of crude oil & condensate and 9.99 bcf of natural gas reserves.
About Murphy Exploration & Production
Murphy Exploration & Production Company is engaged in in crude oil and natural gas exploration and production. it operates as subsidiary of Murphy Oil Corporation.
For more details on the Medusa 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.
