Mormont 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 Green Canyon 478, with water depth of 3,760 feet. Buy the profile here.
Field participation details
The field is owned by CL&F Resources, HEDV Mormont, ILX Prospect Mormont, Murphy Oil, Red Willow Production, Ridgewood Energy and Ridgewood Rialto Holdings.
Production from Mormont
The Mormont conventional oil field recovered 8.76% of its total recoverable reserves, with peak production expected in 2023. The peak production was approximately 18.07 thousand bpd of crude oil and condensate and 23.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2049.
Remaining recoverable reserves
The field is expected to recover 66.27 Mmboe, comprised of 54.99 Mmbbl of crude oil & condensate and 67.70 bcf of natural gas reserves. Mormont conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.
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 Mormont 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.
