Petronius is a producing conventional oil field located in deepwater in the US and is operated by Chevron USA. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Viosca Knoll 742 and Viosca Knoll 786, with water depth of 1,766 feet. Buy the profile here.

Field participation details

The field is owned by Chevron and Talos Energy.

Production from Petronius

The Petronius conventional oil field recovered 97.44% of its total recoverable reserves, with peak production in 2001. The peak production was approximately 45.87 thousand bpd of crude oil and condensate and 53.00 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 4.13 Mmboe, comprised of 3.06 Mmbbl of crude oil & condensate and 6.42 bcf of natural gas reserves.

About Chevron USA

Chevron USA Inc (Chevron) is a Subsidiary of Chevron Corp, is an integrated energy company that explores, extracts, and produces crude oil, natural gas, and natural gas liquids. The company also refines, markets, and distributes products derived from petroleum (diesel, gas, motor oil, fuel and lubricant additives). Chevron is headquartered in San Roman, California, US.

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

GlobalData

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.