Vermilion 78 is a producing conventional oil field located in shallow water in the US and is operated by QuarterNorth Energy. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Vermilion 78, with water depth of 39 feet. Buy the profile here.
Field participation details
The field is owned by Apache and QuarterNorth Energy.
Production from Vermilion 78
The Vermilion 78 conventional oil field recovered 89.09% of its total recoverable reserves, with peak production in 1997. The peak production was approximately 0.34 thousand bpd of crude oil and condensate and 21.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2029.
Remaining recoverable reserves
The field is expected to recover 1.44 Mmboe, comprised of 0.69 Mmbbl of crude oil & condensate and 4.49 bcf of natural gas reserves.
About QuarterNorth Energy
QuarterNorth Energy LLC (QuarterNorth) explores and develops deposits of crude oil and natural gas. The company is headquartered in the US.
For more details on the Vermilion 78 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.
