Princess is a producing conventional oil field located in deepwater in the US and is operated by Shell Offshore. 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 765, with water depth of 3,800 feet. Buy the profile here.
Field participation details
The field is owned by BP, ConocoPhillips, Exxon Mobil and Shell.
Production from Princess
The Princess conventional oil field recovered 48.57% of its total recoverable reserves, with peak production in 2004. The peak production was approximately 29.62 thousand bpd of crude oil and condensate and 82.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2090.
Remaining recoverable reserves
The field is expected to recover 169.27 Mmboe, comprised of 156.13 Mmbbl of crude oil & condensate and 78.83 bcf of natural gas reserves. Princess conventional oil field reserves accounts 0.04% of total remaining reserves of producing conventional oil fields globally.
About Shell Offshore
Shell Offshore Inc (Shell Offshore) an oil and gas company which offers the wholesale distribution of petroleum and petroleum products. The company is headquartered in Houston, Texas, the US.
For more details on the Princess Conventional Oil Field, buy the profile here.