South Timbalier 127 is a producing conventional gas field located in shallow water in the US and is operated by Walter Oil & Gas. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block South Timbalier 127, with water depth of 83 feet. Buy the profile here.

Field participation details

The field is owned by Castex Energy 2014, Castex Energy 2016, He&D Offshore, Talos Third Coast and Walter Oil & Gas.

Production from South Timbalier 127

The South Timbalier 127 conventional gas field recovered 38.78% of its total recoverable reserves, with peak production expected in 2023. The peak production was approximately 0.18 thousand bpd of crude oil and condensate and 25.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2055.

Remaining recoverable reserves

The field is expected to recover 16.73 Mmboe, comprised of 0.38 Mmbbl of crude oil & condensate and 98.10 bcf of natural gas reserves. South Timbalier 127 conventional gas field reserves accounts 0.01% of total remaining reserves of producing conventional gas fields globally.

About Walter Oil & Gas

Walter Oil & Gas Corp (Walter Oil) is an oil and gas company. It explores and produces crude oil and natural gas on conventional Offshore. Its drilling exploration of ultra deep water asset SW Horseshoe produces crude oil and natural gas. Walter Oil owns and operates subsea oil wells in the Gulf of Mexico. The company offers offshore and marine forecasting for the oil and gas, and petrochemical industries. It uses the drilling and evaluation technology. Walter Oil is headquartered in Houston, Texas, the US.

For more details on the South Timbalier 127 Conventional Gas 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.