Vermilion 342 is a producing conventional oil field located in shallow water in the US and is operated by Arena 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 341 and Vermilion 342, with water depth of 225 feet. Buy the profile here.
Field participation details
The field is owned by Arena Energy, GOM Energy Venture III and San Juan Offshore.
Production from Vermilion 342
The Vermilion 342 conventional oil field recovered 85.55% of its total recoverable reserves, with peak production in 2015. Based on economic assumptions, production will continue until the field reaches its economic limit in 2031.
For more details on the Vermilion 342 Conventional Oil Field, buy the profile here.