Monument is a conventional oil development located in ultra-deepwater in the US and is operated by Equinor Gulf of Mexico. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Monument was discovered in 2020, lies in block Walker Ridge 316, with water depth of around 6,780 feet. Buy the profile here.

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Data Insights Monument Upstream Project , United States

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The project is currently in approval stage and is expected to start commercial production in 2026. Final investment decision (FID) of the project was approved in 2023.

Field participation details

The field is owned by Equinor, Petroliam Nasional and Repsol.

Production from Monument

Production from the Monument conventional oil development project is expected to begin in 2026 and is forecast to peak in 2027, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2059.

For more details on the Monument Conventional Oil Field, buy the profile here.

This content was updated on 14 May 2024

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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.