Stampede is a producing conventional oil field located in deepwater in the US and is operated by Hess. 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 468, Green Canyon 512, and Green Canyon 511, with water depth of 3,621 feet. Buy the profile here.
Field participation details
The field is owned by Chevron, China National Offshore Oil, Equinor and Hess.
Production from Stampede
The Stampede conventional oil field recovered 28.01% of its total recoverable reserves, with peak production expected in 2023. The peak production was approximately 45.44 thousand bpd of crude oil and condensate and 22.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2044.
Remaining recoverable reserves
The field is expected to recover 159.55 Mmboe, comprised of 148.80 Mmbbl of crude oil & condensate and 64.51 bcf of natural gas reserves. Stampede conventional oil field reserves accounts 0.04% of total remaining reserves of producing conventional oil fields globally.
About Hess
Hess Corp (Hess), is a global independent energy company, which carries out the exploration and production of crude oil and natural gas. It offers fee-based services including gathering, processing of natural gas and the fractionation of natural gas liquids, transportation of crude oil by rail car, terminaling and loading crude oil and natural gas liquids. The company also carries out the storage and terminaling of propane, essentially in the Bakken shale play of North Dakota. Besides strategically positioned integrated assets in the core of the Bakken shale in the US, the company has operations in Denmark, the Malaysia/Thailand Joint Development Area (JDA) and Malaysia. Hess is headquartered in New York, the US.
For more details on the Stampede 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.
