Trading Bay Unit (Hemlock) is a producing conventional oil field located in shallow water in the US and is operated by Hilcorp Alaska. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block ADL 18777, ADL 17594, ADL 21068, ADL 18730, ADL 18729, ADL 18731, ADL 17579, ADL 18716, ADL 18772, and ADL 17602. Buy the profile here.
Field participation details
The field is owned by Hilcorp Energy.
Production from Trading Bay Unit (Hemlock)
The Trading Bay Unit (Hemlock) conventional oil field recovered 59.86% of its total recoverable reserves, with peak production in 2016. The peak production was approximately 0.50 thousand bpd of crude oil and condensate and 1.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2051.
Remaining recoverable reserves
The field is expected to recover 1.14 Mmboe, comprised of 1.08 Mmbbl of crude oil & condensate and 0.32 bcf of natural gas reserves.
About Hilcorp Alaska
Hilcorp Alaska LLC, is an energy company that carries out the exploration, development, production, processing and transportation of oil and natural gas. The company is headquartered in Anchorage, Alaska, the US.
For more details on the Trading Bay Unit (Hemlock) 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.
