Vermilion 331 is a producing conventional gas field located in shallow water in the US and is operated by Talos ERT. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Vermilion 331, with water depth of 281 feet. Buy the profile here.
Field participation details
The field is owned by Louisiana Land And Exploration Company (The) and Talos Energy.
Production from Vermilion 331
The Vermilion 331 conventional gas field recovered 98.55% of its total recoverable reserves, with peak production in 1984. The peak production was approximately 6.36 thousand bpd of crude oil and condensate and 55.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2026.
Remaining recoverable reserves
The field is expected to recover 0.96 Mmboe, comprised of 0.38 Mmbbl of crude oil & condensate and 3.45 bcf of natural gas reserves.
For more details on the Vermilion 331 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.
