Tiberius is a conventional oil development located in ultra-deepwater in the US and is operated by Kosmos Energy Gulf of Mexico Operations. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Tiberius was discovered in 2023, lies in block Keathley Canyon 964, with water depth of around 7,491 feet. Buy the profile here.

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Data Insights Tiberius Upstream Project , United States

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The project is currently in feasibility stage and is expected to start commercial production in 2028. Final investment decision (FID) of the project will be approved in 2024.

Field participation details

The field is owned by Equinor, Kosmos Energy and Occidental Petroleum.

Production from Tiberius

Production from the Tiberius conventional oil development project is expected to begin in 2028 and is forecast to peak in 2030, Based on economic assumptions, the production will continue until the field reaches its economic limit in 2072.

For more details on the Tiberius Conventional Oil Field, buy the profile here.

This content was updated on 14 May 2024

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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.