Vermilion 229 is a producing conventional gas field located in shallow water in the US and is operated by Fieldwood Energy Offshore. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Vermilion 229, with water depth of 132 feet. Buy the profile here.
Field participation details
The field is owned by Fieldwood Energy, Orinoco Natural Resources and Tana Exploration.
Production from Vermilion 229
The Vermilion 229 conventional gas field recovered 34.55% of its total recoverable reserves, with peak production expected in 2023. The peak production was approximately 0.38 thousand bpd of crude oil and condensate and 10.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2050.
Remaining recoverable reserves
The field is expected to recover 8.93 Mmboe, comprised of 1.71 Mmbbl of crude oil & condensate and 43.28 bcf of natural gas reserves.
For more details on the Vermilion 229 Conventional Gas 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.
