Vermilion 50 is a producing conventional oil field located in shallow water in the US and is operated by Chevron USA. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Vermilion 31, with water depth of 27 feet. Buy the profile here.
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Field participation details
The field is owned by Chevron.
Production from Vermilion 50
The Vermilion 50 conventional oil field recovered 99.88% of its total recoverable reserves, with peak production in 1985. The peak production was approximately 5.79 thousand bpd of crude oil and condensate and 105.00 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 0.09 Mmboe, comprised of 0.05 Mmbbl of crude oil & condensate and 0.19 bcf of natural gas reserves.
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About Chevron USA
Chevron USA Inc (Chevron) is a Subsidiary of Chevron Corp, is an integrated energy company that explores, extracts, and produces crude oil, natural gas, and natural gas liquids. The company also refines, markets, and distributes products derived from petroleum (diesel, gas, motor oil, fuel and lubricant additives). Chevron is headquartered in San Roman, California, US.
For more details on the Vermilion 50 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.
