Shenzi North is a conventional oil development located in deepwater in the US and is operated by Woodside Energy (GOM). According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Shenzi North was discovered in 2015, lies in block Green Canyon 653, Green Canyon 609, Green Canyon 610, and Green Canyon 654, with water depth of around 4,294 feet. Buy the profile here.
The project is currently in approval stage and is expected to start commercial production in 2024. Final investment decision (FID) of the project was approved in 2021. The development cost is expected to be $544 m. The Shenzi North conventional oil development will involve the drilling of approximately two wells and includes subsea tree and tension leg platforms.
Field participation details
The field is owned by Repsol and Woodside Energy Group.
Production from Shenzi North
Production from the Shenzi North conventional oil development project is expected to begin in 2024 and is forecast to peak in 2027, to approximately 28,203 bpd of crude oil and condensate and 11 Mmcfd of natural gas. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2070.
Remaining recoverable reserves
The field is expected to recover 149.03 Mmboe, comprised of 139.73 Mmbbl of crude oil & condensate and 55.83 bcf of natural gas reserves.
Contractors involved in the Shenzi North conventional oil field
The key contractors involved in the Shenzi North project as follows.
Other Contractors: Trendsetter Engineering
For more details on the Shenzi North 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.
