South Timbalier 54 is a producing conventional oil field located in shallow water in the US and is operated by Cox Operating. 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 54 (00422), South Timbalier 55 (00421), South Timbalier 66, South Timbalier 67, South Timbalier 54 (00019), and South Timbalier 55 (00028), with water depth of 88 feet. Buy the profile here.
Field participation details
The field is owned by Cox Operating.
Production from South Timbalier 54
The South Timbalier 54 conventional oil field recovered 99.54% of its total recoverable reserves, with peak production in 1969. The peak production was approximately 6.83 thousand bpd of crude oil and condensate and 56.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2026.
Remaining recoverable reserves
The field is expected to recover 0.71 Mmboe, comprised of 0.65 Mmbbl of crude oil & condensate and 0.35 bcf of natural gas reserves.
About Cox Operating
Cox Operating LLC (COX) is an independent oil and gas company. The company owns and operates assets in the Gulf of Mexico. It provides acquisition and revitalization of mature oil and gas fields in both the OCS and the shallow waters off the coast of Louisiana. COX operates more than 200 producing wells over 25 fields. The company also provides ongoing development program to identify opportunities in existing wells also to new plays and prospects. COX is headquartered in Dallas, Texas, the US.
For more details on the South Timbalier 54 Conventional Oil Field, buy the profile here.