Taggart is a conventional oil development located in ultra-deepwater in the US and is operated by LLOG Exploration Offshore. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Taggart was discovered in 2013, lies in block Mississippi Canyon 816, with water depth of around 5,655 feet. Buy the profile here.
The project is currently in construction stage and is expected to start commercial production in 2023. Final investment decision (FID) of the project was approved in 2020. The Taggart conventional oil development will involve the drilling of approximately two wells and includes subsea tree.
Field participation details
The field is owned by LLOG Exploration.
Production from Taggart
Production from the Taggart conventional oil development project is expected to begin in 2023 and is forecast to peak in 2024, to approximately 10,040 bpd of crude oil and condensate. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2043.
Remaining recoverable reserves
The field is expected to recover 27.52 Mmboe, comprised of 27.52 Mmbbl of crude oil & condensate.
Contractors involved in the Taggart conventional oil field
Some of the key contractors involved in the Taggart project as follows.
Other Contractors: Perma-Pipe International Holdings and Trendsetter Engineering
About LLOG Exploration Offshore
LLOG Exploration Offshore LLC is involved in the business of exploring, mining, developing, and supply of oil and gas. The company is headquartered in Covington, Louisiana, the US.
For more details on the Taggart Conventional Oil Field, buy the profile here.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
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.
