Phoenix is a producing conventional oil field located in deepwater in the US and is operated by Talos ERT. 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 236, Green Canyon 237, Green Canyon 281, Green Canyon 280, Green Canyon 282, and Green Canyon 238, with water depth of 2,760 feet. Buy the profile here.
Field participation details
The field is owned by Kosmos Energy and Talos Energy.
Production from Phoenix
The Phoenix conventional oil field recovered 65.29% of its total recoverable reserves, with peak production in 2002. The peak production was approximately 27.87 thousand bpd of crude oil and condensate and 40.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2051.
Remaining recoverable reserves
The field is expected to recover 59.77 Mmboe, comprised of 48.80 Mmbbl of crude oil & condensate and 65.77 bcf of natural gas reserves. Phoenix conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.
For more details on the Phoenix Conventional Oil Field, buy the profile here.